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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

Whole SectionText only Print Print Manager Link

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

AML 14.2.1

Whole Section PDF

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.

A Relevant PersonG which is part of a GroupG must ensure that it:

(a) has developed and implemented policies and procedures for the sharing of information between GroupG entities, including the sharing of information relating to Customer Due DiligenceG and money laundering risks;
(b) has in place adequate safeguards on the confidentiality and use of information exchanged between Group entities, including consideration of relevant data protection legislation;
(c) remains aware of the money laundering risks of the GroupG as a whole and of its exposure to the GroupG and takes active steps to mitigate such risks;
(d) contributes to a GroupG -wide risk assessment to identify and assess money laundering risks for the GroupG ; and
(e) provides its GroupG -wide compliance, audit and AML functions with customer account and transaction information from branches and subsidiaries when necessary for AML purposes.
Derived from RM117/2013 [VER9/07-13]
[Amended] DFSA RM231/2018 (Made 6th June 2018) [VER15/07-18]