In today’s fast-evolving regulatory environment, AML compliance is no longer just about checking boxes, it is about safeguarding your business, reputation, and long-term growth. The difference between reactive and proactive…
From Reactive to Proactive: Rethinking AML Compliance in the UAE Read More »
FinchSCAN recently hosted an insightful and timely webinar titled “The Challenges for DNFBPs – AML Risks & Requirements.” The session aimed to spotlight a sector that is increasingly under regulatory scrutiny: Designated Non-Financial…
Webinar Recap: The Challenges for DNFBPs – AML Risks & Requirements Read More »
With the recent regulatory changes, designated non-financial businesses and professions (DNFBPs) in the UAE have a crucial responsibility of combatting financial crimes such as money laundering and terrorism financing. As per Cabinet Decision No. (10) of 2019…
Customer Due Diligence (CDD) Guide for DNFBP Sector Read More »
In the realm of AML (Anti-Money Laundering), compliance for sanctions screening and PEP (Politically Exposed Person) screening are critical steps in the operational procedure, intended to protect financial institutions…
Sanctions Screening vs. PEP Screening: What is the Difference? Read More »
Finch Innovate, a leading provider of AI-powered AML compliance solutions, is proud to announce that it has been awarded the prestigious “RegTech of the Year” award in the FiNext Conference in Dubai.
Finch Innovate Wins “RegTech of the Year” Award at FiNext Conference, Dubai Read More »
In today’s fast-paced financial landscape, where digital payments and remittances dominate, ensuring security and trust is no longer optional—it is a necessity. As businesses navigate the complexities of payments and remittance services…
Why Payments and AML Compliance Should Go Hand in Hand Read More »
Finch Innovate, the sister company of Cinque Technologies, is excited to announce the launch of FinchSCAN, an innovative anti-money laundering (AML) screening portal designed to enhance fraud prevention…
Finch Innovate Introduces FinchSCAN: Innovative AML Name Screening Portal Read More »
The UAE’s Ministry of Economy has suspended the licenses of 32 gold refineries due to non-compliance with the anti-money laundering (AML) regulations. This action affects refineries representing 5% of the UAE’s gold sector.
UAE Suspends Licenses of 32 Gold Refineries for Lack of AML Compliance Measures Read More »
Recently, the Central Bank of the UAE (CBUAE) revoked the license of an insurance broker operating in the UAE and struck its name off the Register. This action was taken due to the weak anti-money laundering (AML) compliance…
CBUAE Revokes an Insurance Broker’s License Over Weak AML Compliance Read More »
