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Important Update: Extended Deadline for AML Risk Assessment Submission
Dear DNFBP Business Owners,
The UAE Ministry of Economy has announced an important extension for the submission of the annual risk assessment related to Money Laundering (AML) and Terrorism Financing (TF) for the Designated Non-Financial Businesses and Professions (DNFBP) sector. This extended deadline ensures all businesses under the DNFBP category remain compliant with national regulations.
Who Must Participate?
All companies operating in DNFBP sectors must participate in the risk assessment. These sectors include:
The new deadline for submitting your data is January 23rd, 2025.
The new deadline for submitting your data is January 18th, 2025.
Notifications have already been sent to your registered email address. Ensure you check and act promptly to avoid non-compliance penalties.
This data collection is key to maintaining financial transparency and protecting your business from potential legal violations. Compliance helps create a safer business environment and prevents sanctions.
We offer expert assistance to ensure your compliance with the Ministry of Economy’s requirements:
Preparation and submission of risk assessment reports
AML/TF compliance consultations
Risk mitigation strategies to avoid sanctions
Don't wait until the last minute—contact AMCA today for professional support with your AML risk assessment submission and avoid fines.
Schedule a Free 30-minute Consultation Now!
For any further clarifications, contact AMCA
08 Jan 2025
