Why Customer Due Diligence is Crucial for AML Compliance in the UAE

Business transaction with plans and laptop on table

Introduction In the ever-evolving landscape of financial regulations, the United Arab Emirates has taken significant strides to combat money laundering and terrorist financing. At the heart of these efforts lies Customer Due Diligence (CDD), a process that is both complex and indispensable. CDD is not just a regulatory requirement; it forms the cornerstone of Anti-Money […]