Free Compliance Assessment
What's Your Compliance Level?
7 questions. 2 minutes. Find out where you stand before the September
2026 deadline.
Based on UAE Federal Decree-Law No. 10/2025 requirements
Question 1 of 7
Do you have a designated compliance officer or MLRO?
UAE law requires every regulated entity to appoint a Money
Laundering Reporting Officer (MLRO).
Yes — dedicated MLRO with AML certification (e.g. CAMS)
Yes — but it's the owner/director wearing multiple hats
We use an external consultant occasionally
No — nobody is formally assigned
Question 2 of 7
How do you screen counterparties against sanctions lists?
Federal Decree-Law 10/2025 requires screening against UAE, OFAC, EU,
UN, and OFSI sanctions lists.
Automated screening against multiple lists (200+) with ongoing
monitoring
We check OFAC/UN manually before each deal
We do basic Google searches on counterparty names
We don't currently screen counterparties
Question 3 of 7
Do you identify beneficial owners (UBO) for your counterparties?
DMCC requires UBO identification at 10%+ ownership — stricter than
the federal 25% threshold.
Yes — traced to 10%+ with documented ownership chains
We identify the main shareholders but not down to 10%
We only know the company name and signatory
We don't check ownership structures
Question 4 of 7
Do you have a formal risk assessment framework?
The law requires enterprise-wide risk assessment covering customer,
geographic, product, and transaction risk factors.
Yes — documented framework with weighted risk scoring, reviewed
annually
We categorize counterparties as high/medium/low risk informally
We rely on gut feel and industry reputation
We don't assess counterparty risk formally
Question 5 of 7
How do you store compliance records?
UAE law mandates 5-year retention of all CDD records, transaction
data, and supporting documents.
Digital system with 5+ year retention, audit trail, and instant
retrieval
We keep files on our server/cloud but retrieval is slow
Paper files or scattered across email, WhatsApp, and folders
We don't retain compliance records systematically
Question 6 of 7
Do you monitor existing counterparties on an ongoing basis?
The law requires continuous monitoring — not just at onboarding.
Sanctions status and risk can change overnight.
Automated alerts for sanctions changes, adverse media, and
ownership updates
We re-screen counterparties periodically (annually or
deal-by-deal)
Only if something comes up in the news
We only check at the start of the relationship
Question 7 of 7
Are your compliance reports available in Arabic?
Arabic documentation is legally required for UAE court submissions
and regulator filings.
Yes — bilingual EN/AR reports generated automatically
We translate key documents when needed (costs AED 1,500+)
English only — we'd translate if a regulator asked
We don't produce formal compliance reports