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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
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
Notices
Financial Markets Tribunal
Archive

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  • AML 15.1 Registration and Notifications

    • AML 15.1.1

      An applicant for registration as a DNFBPG must apply to the DFSAG by completing and submitting the appropriate form in the AFNG Sourcebook.

      Derived from RM117/2013 [VER9/07-13]
      [Amended] DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]

    • AML 15.1.2

      (1) To be registered as a DNFBPG , an applicant must demonstrate to the DFSAG 's satisfaction that:

      (a) it is fit and proper to perform anti-money laundering functions; and
      (b) it has adequate resources and systems and controls, including policies and procedures, to comply with applicable anti-money laundering requirements under Federal AMLG legislation, the Regulatory LawG and these RulesG .

      (2) In assessing if an applicant is fit and proper under (1)(a), the DFSAG may, without limiting the matters it may take into account under that paragraph, consider the applicant, its senior management, its beneficial owners, other entities in its GroupG and any other person with whom it has a relationship.

      (3) The DFSAG will in assessing if an applicant is fit and proper, consider the cumulative effect of matters that, if taken individually, may be regarded as insufficient to give reasonable cause to doubt the fitness and propriety of the applicant.

      Derived from DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]

    • Annual Information Return

      Derived from DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]

      • AML 15.1.3

        A DNFBPG must complete the annual information return in AFNG for each calendar year and submit the return to the DFSAG by 31 January of the following year.

        Derived from DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]

    • Notification of changes

      Derived from DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]

      • AML 15.1.4

        A DNFBPG must promptly notify the DFSAG of any change in its:

        (a) name;
        (b) legal status;
        (c) address;
        (d) MLROG ; or
        (e) senior management; or.
        (f) beneficial ownership.
        Derived from RM117/2013 [VER9/07-13]
        [Amended] DFSA RM196/2016 (Made 7th December 2016). [VER13/02-17]
        [Amended] DFSA RM223/2018 (Made 18th April 2018). [VER14/07-18]