Outsource Compliance Officer

Whether you’re setting up a new business and you’re still yet to build that perfect AML/CTF compliance team or you’ve got a well-set team but you need assistance in a period of work overload.

Our outsourcing service can be such a relief. Not only will you get work done, having a well-practiced AML/CTF compliance officer in your team that has been well-versed in the industry for years, means that your team have the chance to exchange experiences with our professional and learn new effective techniques.

Outsource Compliance Officer / Money Laundering Reporting Officer (CO/MLRO) tasks

Why choose Al-Sharid for AML/CTF services?

Having got a well-practiced team of AML/CTF specialists that have been in the profession for years and contributed to the implementation of the previous AML/CTF regulations and now Federal Decree-law No. (20) of 2018 in UAE, our team are well-versed in the profession. Embodying the professional competences of professional skepticism, integrity, and due diligence, our team can delve deep within your processes, and address the AML/CTF risks and help you mitigate them to the lowest cost-efficient point possible.

Our approach to providing AML/CTF compliance officer outsourcing services

We match you with the AML/CTF compliance officer that is most experienced within your industry. Our outsourced officer reviews your current framework and internal control system and then tells you they’re ready to nail down the most challenging tasks in AML/CTF.

Our team eventually provides you with helpful recommendations to help you best achieve your AML/CTF objectives.

Our team of experts has the right experience and knowledge to help your company achieve its objectives

Is my business directly supervised by the Supervisory Authority in UAE?

The businesses that are under direct supervision are financial institutions, designated non-financial businesses and professions and non-profit organizations. They are the most affected by the provisions of this law. However, all businesses in UAE play a vital role in the prevention of money-laundering and terrorism financing activities in UAE.

What are the designated non-financial businesses?

Also known as DNFB’s, are businesses that are in one of the following industries: Real Estate Precious Metals and Stones Accounting and Auditing Services Company Service Providers