AML checklist for charity organizations
Keeping an Anti-Money Laundering (AML) policy and procedures in place is crucial for charity organizations to maintain integrity, transparency, and compliance with legal regulations 1. AML Policy and Procedures: 2. Risk Assessment: 3. AML Training: 4. Customer Due Diligence (CDD): 5. Transaction Monitoring: 6. Record Keeping: 7. Reporting Suspicious Activities: 8. Whistleblower Policy: 9. Third-Party Relationships: 10. Geographic Risk Assessment: 11. Cash Handling Controls: 12. Donation […]
AML COMPLIANCE CHECKLIST FOR THE REAL ESTATE SECTOR IN THE UAE
Anti-Money Laundering (AML) compliance is essential in the real estate sector to prevent illicit financial activities. This comprehensive checklist provides a detailed overview of the key steps involved in ensuring AML compliance in the UAE’s real estate sector: Anti-Money Laundering (AML) -Real Estate Compliance Know Your Customer (KYC) Customer Identification: Collect relevant information to identify […]
