The Capital Zone Accounting and Bookkeeping (“The Capital Zone”) is fully committed to preventing money laundering, terrorist financing, and other financial crimes. We operate in strict compliance with the UAE Federal AML Laws, regulations issued by the Ministry of Economy, Central Bank of the UAE, and relevant regulatory authorities.
We maintain robust internal controls, risk-based procedures, and monitoring systems to ensure full compliance with all applicable Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements.
Our AML program is aligned with, but not limited to, the following laws and regulations:
UAE Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering
Cabinet Decision No. 10 of 2019 and subsequent amendments
Cabinet Decision No. 74 of 2020 regarding Terrorist Lists
Guidelines issued by the UAE Ministry of Economy and relevant Free Zone Authorities
The Capital Zone applies Customer Due Diligence (CDD) measures before establishing any business relationship and throughout the duration of the engagement.
Our CDD procedures include:
Identification and verification of clients and beneficial owners
Collection of valid identification and corporate documentation
Assessment of business activities and source of funds
Ongoing monitoring of client transactions and behavior
Enhanced Due Diligence (EDD) is applied where higher risk is identified.
We adopt a risk-based approach to AML compliance by evaluating:
Client type and legal structure
Nature of business and industry risk
Geographic exposure
Transaction patterns and volumes
Clients are categorized into low, medium, or high-risk profiles, and controls are applied accordingly.
The Capital Zone performs screening to identify Politically Exposed Persons (PEPs), their family members, and close associates. Enhanced due diligence measures are applied where PEP status is identified.
We actively monitor transactions and client activities to detect unusual or suspicious behavior. Where required, we:
Maintain records of transactions and client data
Report suspicious activities to the appropriate UAE authorities
Cooperate fully with regulators and law enforcement agencies
The Capital Zone maintains accurate records of all client identification data, due diligence documents, and transaction records in accordance with UAE legal requirements. Records are securely stored and retained for the legally mandated period.
All relevant staff receive ongoing AML training to ensure awareness of:
AML laws and regulatory updates
Red flags and suspicious activity indicators
Internal reporting procedures
This ensures a strong culture of compliance across our organization.
All AML-related information is handled with strict confidentiality. Client data is protected in accordance with applicable data protection and privacy regulations.
The Capital Zone maintains a zero-tolerance policy towards money laundering, terrorist financing, fraud, or related financial crimes. We reserve the right to refuse or terminate business relationships where AML concerns arise.
This AML Compliance Policy is reviewed regularly to ensure alignment with evolving laws, regulations, and best practices in the UAE.
At The Capital Zone, we go beyond compliance we help businesses build strong, practical AML frameworks that protect their operations and meet UAE regulatory requirements with confidence.
We assist our clients with:
AML & CTF Compliance Advisory
Customer Due Diligence (CDD) & KYC Support
Risk Assessment & AML Framework Setup
AML Policy & Procedure Documentation
Transaction Monitoring Guidance
PEP & Sanctions Screening Support
Ongoing Compliance Support
Regulatory Readiness & Audit Support
