goAML Registration
We handle full registration on the goAML portal — from account creation to verification — so you can file Suspicious Transaction Reports as required by law.
Latest Services
AML Compliance Services in the UAE — 5 Essential Steps Every Business Must Follow
Anti-money laundering compliance is no longer optional for businesses operating in the UAE. The government has introduced strict AML regulations that apply to a wide range of industries — from real estate and trading to financial services and professional consultancies. If your business is not fully compliant, you risk heavy fines, license suspension, or even criminal prosecution. At Velmont Crest, we provide complete AML compliance services to help businesses meet every requirement without the confusion.
AML compliance services in the UAE cover the set of laws, regulations, and procedures that businesses must follow to prevent money laundering and terrorism financing. The UAE’s Federal Decree-Law No. 20 of 2018 and Cabinet Decision No. 10 of 2019 outline the obligations for designated non-financial businesses and professions. This includes maintaining proper records, conducting customer due diligence, appointing a compliance officer, and reporting suspicious transactions through the goAML portal
Risk Assessment
We prepare a risk assessment evaluating your customer base, transactions, geographic exposure, and delivery channels — tailored to your industry.
AML compliance services apply to designated non-financial businesses and professions including real estate agents, precious metals and stones dealers, auditors, accountants, corporate service providers, and legal consultants. If your business falls into any of these categories, you are legally required to implement a full AML framework. Even businesses outside these categories benefit from having proper compliance procedures in place.
Why Businesses Choose Velmont Crest for AML Compliance Services
At Velmont Crest, we simplify AML compliance services for businesses of all sizes. We handle everything from initial registration to ongoing monitoring — so you stay compliant without disrupting your daily operations. Our team understands UAE regulations inside out and works closely with each client to build a compliance framework that fits their business. Whether you need a full setup from scratch or help improving your existing procedures, we are ready to support you.
- KYC and Customer Due Diligence
- MLRO Appointment and Training
- Ongoing Record-Keeping and Monitoring
Industries That Need AML Compliance Services in the UAE
The UAE government has identified several industries that must comply with AML regulations. These include real estate brokerages, precious metals and stones dealers, accounting and auditing firms, legal consultancies, corporate service providers, and trust and company service providers. Businesses in the financial free zones such as DIFC and ADGM face additional requirements under their own regulatory authorities. Regardless of your industry, having a proper AML framework protects your business reputation, builds trust with clients and banking partners, and keeps you on the right side of UAE law. Velmont Crest works with businesses across all these sectors to implement AML compliance services that are practical, thorough, and fully aligned with current regulations.
Get AML Compliant Today
Know Your Customer procedures are at the heart of AML compliance services. You must verify the identity of every client, understand the nature of their business, and monitor ongoing transactions. UAE law also requires businesses to appoint an MLRO — a designated person responsible for overseeing compliance and reporting suspicious activity. All AML-related records must be maintained for at least five years including customer identification documents, transaction records, and risk assessment reports. Regular monitoring of transactions is required to detect unusual activity. We set up your record-keeping system and provide ongoing monitoring support so nothing slips through the cracks. Failing to meet these obligations can result in significant fines and serious legal consequences for your business. Do not wait for a regulatory inspection to find gaps in your compliance. Contact Velmont Crest today and let us handle your AML compliance services requirements from start to finish.