AML Risk Assessment
- AML Risk Assessment
AML Risk Assessment Services in the UAE
An effective Anti-Money Laundering (AML) framework begins with a comprehensive risk assessment. UAE regulations require businesses to identify, assess, and understand their exposure to money laundering and terrorism financing risks.
At Al Hisab Tax Consultancy, we conduct structured and risk-based AML assessments in line with the guidelines issued by the UAE Ministry of Economy and the UAE Financial Intelligence Unit.
What Is an AML Risk Assessment?
An AML Risk Assessment evaluates your business’s vulnerability based on:
- Customer Risk – Type of clients, ownership structure, PEP exposure
- Geographic Risk – Countries of operation or customer origin
- Product & Service Risk – Nature of services offered
- Transaction Risk – Volume, frequency, and payment methods
- Delivery Channel Risk – Face-to-face vs non-face-to-face onboarding
Our AML Risk Assessment Services Include:
Enterprise-Wide Risk Assessment (EWRA)
Comprehensive evaluation of overall business exposure to financial crime risks.
Risk Matrix Development
Creation of a structured risk scoring model tailored to your industry.
Gap Analysis & Compliance Review
Assessment of existing AML controls and identification of weaknesses.
Risk Mitigation Strategy
Practical recommendations to reduce identified risks.
5. Regulatory-Ready Documentation
Preparation of compliant risk assessment reports for inspection purposes.
Why Is AML Risk Assessment Important?
✔ Mandatory under UAE AML regulations
✔ Helps prevent regulatory penalties
✔ Strengthens internal controls
✔ Improves customer due diligence processes
✔ Protects business reputation
