SERVICES
Anti-Money Laundering Compliance Services (AML Compliance)
As Anti Money Laundering(AML) rules become more stringent every day, businesses are being closely scrutinized for their AML compliance. The UAE ministries, in tandem with other countries, are implementing key measures to introduce processes and controls on AML/CFT within the financial ecosystem.
Meeting all the statutory requirements on AML can be overwhelming for any business. Reaching out to experts on the subject matter can help secure total regulatory compliance for your business.
We are a team of well-trained professionals who provide a host of accounting and bookkeeping services. We take pride in our extensive knowledge of various accounting packages/software and our expertise ranges from stand-alone accounting packages to ERPs and online accounting software.
GDT’s expertise lies in the following areas
Enhanced Due Diligence
Enhanced Due Diligence (EDD) is an advanced due diligence process that offers detailed risk investigation, especially while handling high-risk customers and large transactions. Our Enhanced Due Diligence services offer solutions to address risks and protect businesses.
AML Compliance Advisory
Complexities within AML compliance are on the rise and companies stand to significantly benefit from customized compliance advisory services. Our team of AML specialists plays a pivotal part in ensuring your business is compliant and your workforce is aware of the ever-changing regulations of AML/CFT compliance.
AML Manual
Based on the requirement of your entity, its size, the complexity of its operations, and the applicable regulatory framework, GDT can customize an AML manual that will go a long way in establishing procedures to guide employees in their day-to-day operations and satisfy regulatory requirements.
Training
Our team of experts can provide relevant training to employees that can throw light on risk profiling, identification of dubious transactions, and other aspects.
AML Customer/Supplier Risk Assessment Service
It is prudent to conduct the risk assessment of new customers through extensive evaluations before initiating any transactions. This will help in identifying potential problem areas for the business. GDT can provide accurate assessments of customers and suppliers, allowing businesses to make informed decisions on foreseeable risks. Based on the assessments, our AML experts advise clients on whether to proceed with the customer/supplier or to categorize them as LMH (Low, Medium, High).