Breaking Down DNFBPs in the UAE: Scope, AML/CFT Duties, and Supervision
Understanding DNFBPs Designated Non-Financial Businesses and Professions (DNFBPs) encompass a diverse range of entities and individuals that are not engaged in the traditional financial sector but still play a critical role in the framework of anti-money laundering (AML) and combating the financing of terrorism (CFT) within the United Arab Emirates (UAE). DNFBPs include, but are … Read more