Regulatory Disclosures
Our AML/KYC Compliance Statement, setting out the regulatory framework we operate under and the compliance obligations we apply to every client engagement.
Stravision Management Consultancies operates under a strict anti-money-laundering and know-your-customer framework. This statement summarises the obligations we apply before and throughout every engagement.
1 Regulatory Framework
We operate in line with UAE AML laws and the requirements of the Ministry of Economy (MOE), the Central Bank of the UAE and the standards of the Financial Action Task Force (FATF).
2 Mandatory KYC
Before onboarding, we verify client identity, address, corporate documents and Ultimate Beneficial Ownership (UBO).
3 Risk Assessment
We apply Enhanced Due Diligence (EDD) for high-risk clients and situations.
4 Ongoing Monitoring
We refresh documentation and carry out compliance checks throughout the engagement, not only at onboarding.
5 Record Keeping
We retain AML/KYC records for a minimum of five years, in line with UAE requirements.
6 Reporting
Where activity is suspicious, we file a Suspicious Transaction Report (STR) with the relevant authority.
7 No KYC, No Service
We operate a strict policy: we cannot provide services until KYC is completed and approved.
8 Client Cooperation Required
Clients are required to cooperate with our compliance requests so that we can meet our regulatory obligations.
9 Contact
For any question about our AML/KYC compliance, contact info@stravision.ae.