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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module (AML) [VER16/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(2 versions)
Jul 14 2013 - Oct 28 2018Oct 29 2018 onwards

AML 14.1.1

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) A Relevant PersonG which is a DIFCG entity must ensure that its policies, procedures, systems and controls required by Rule 5.2.1 apply to:
(a) any of its branches or SubsidiariesG ; and
(b) any of its GroupG entities in the DIFCG .
(2) Where the anti-money laundering requirements in another jurisdiction differ from those in the DIFCG , the Relevant PersonG must require its branchG or SubsidiaryG in that jurisdiction to apply the higher of the two standards, to the extent permitted by the law of that jurisdiction.
(3) Where the law of another jurisdiction does not permit the implementation of policies, procedures, systems and controls that are equivalent to or higher than those that apply to the Relevant PersonG in the DIFCG , the Relevant PersonG must:
(a) inform the DFSAG in writing; and
(b) apply appropriate additional measures to manage the money laundering risks posed by the relevant branch or SubsidiaryG .
Derived from RM117/2013 [VER9/07-13]
[Amended] DFSA RM231/2018 (Made 6th June 2018) [VER15/07-18]