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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Rulebook Modules
Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module (AML) [VER16/07-19]
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Oct 29 2018 onwards

AML 15.4.1

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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) This RuleG applies to a PersonG who, immediately before the commencement date, was registered as a DNFBPG , other than a PersonG who was registered as a DNFBPG by reason only of being a dealer in any saleable item of a price equal to or greater than $15,000. (2) The PersonG is on the commencement date taken to continue to be registered by the DFSAG as a DNFBPG . (3) The PersonG must, by no later than the end of the transitional period, certify in writing to the DFSAG :

(a) that it continues to carry on its DNFBPG business or profession in or from the DIFCG ;
(b) the names of the individuals who comprise its senior management;
(c) details of its beneficial owners;
(d) the name of the individual it has appointed as MLROG ; and
(e) that it has in place adequate resources and systems and controls to comply with applicable anti-money laundering requirements under the Law, these RulesG and Federal AML legislation.

(4) The DFSAG may require the certification in (3) to be in such form and verified in such manner as it thinks fit.

(5) In this RuleG :

(a) "commencement date" means the day on which the Regulatory Law Amendment Law 2018 comes into force; and
(b) "transitional period" means the period starting on the commencement date and ending three months after that date.
Derived from DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]