AML – (Dealers in Precious Metals and Stones) Designated Non-Financial Businesses and Professionals (DNFBP)
UAE Federal Law No 20 of 2018 on Anti Money Laundering (AML) was introduced in the UAE for combating the financing terrorism and illegal organization. The law enforced responsibilities on DNFBP to tackle Money Laundering. DNFBP includes Broker and Real Estate Agent, Dealers in Precious Metal and precious stones, Legal professionals, Independent accountants and provider …