Tag Archives: Suspicious Transaction Report

AML Compliance for Precious Metal and Stone Dealers in UAE

AML Compliance for Precious Metal and Stone Dealers in UAE

About Dealers in Precious Metals and Stones Report (DPMSR) The Ministry of Economy issued Circular No. 08/AML/2021 dated 02 June 2021, which introduces a new requirement for dealers involved in the trade of Precious Metals and Stones. This circular mandates the registration of specific transactions, including cash transactions or transactions conducted through wire transfers (for […]