AML Solutions – mpelites

services

Anti-money laundering
compliance

Protect your business, reputation, and license. Anti-Money Laundering (AML) compliance is no longer a formality in the UAE — it’s a mandatory legal framework under Federal Decree-Law No. 20 of 2018 and Cabinet Decision No. 10 of 2019, as updated by Decree-Law 26 of 2021 and Cabinet Resolution 24 of 2022. The Ministry of Economy, Central Bank (CBUAE) and the Financial Intelligence Unit (FIU) now actively monitor and penalize non-compliant companies across all sectors, including Designated Non-Financial Businesses & Professions (DNFBPs) such as accountants, real-estate agents, and corporate-service providers.

Why AML Compliance Matters

Failure to comply can result in fines up to AED 10 million, license suspension, or criminal prosecution. Many UAE businesses fall short because they rely on outdated templates, untrained staff, or assume AML only applies to banks. MP Elites helps you stay compliant — and confident — through expert, senior-led programs tailored to your risk profile.

Your Legal Duties under UAE Law

Conduct Risk-Based Assessments of exposure to money-laundering and terrorism-financing threats.

Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on high-risk clients.

File Suspicious Transaction Reports (STRs) promptly through the goAML portal.

Maintain accurate Beneficial-Ownership (UBO) records under Cabinet Decision 109 of 2023.

Keep AML documentation and transaction data for a minimum of 5 years.

Appoint a qualified Compliance Officer and deliver regular staff training.

Screen clients and partners against UAE & UN sanctions lists.

By leveraging our services, businesses ensure compliance, avoid costly penalties, and strengthen their financial management.

Our AML Solutions

Assessment & Gap Audit

Identify compliance weaknesses and risk areas.

Policy & Program Design

Build a tailored AML manual, CDD/EDD checklists, and reporting flow.

Implementation & Training

Integrate daily controls, alert systems, and staff awareness.

Reporting & Monitoring

Assist with STR filings and create regulator-ready records.

Ongoing Support

Annual reviews, internal audits, and updates on new AML rules.

Differentiators

Why Businesses
Choose MP Elites

Senior-Only Team

CAMS-certified AML professionals with 12+ years UAE experience.

Proven Compliance Record

0 FTA/CBUAE penalties for any client since 2020.

Technology Driven

Automated screening, secure documentation, and real-time dashboards.

Transparent Pricing

Fixed subscription model with no hidden costs.

MP Elites ensures your AML program meets every regulatory requirement — efficiently, accurately, and permanently. Contact us today to schedule your AML Compliance Audit and protect your business from costly penalties.

Ready to take control of your finances?

Partner with MP Elites Consulting and gain the expertise, accuracy, and insight your business deserves. Contact us today to schedule a consultation.