Affinitas DMCC Participates in ‘The Role of DNFBPs Sector in Fighting Financial Crimes Summit’ 2025

Affinitas DMCC is proud to announce its participation in The Role of DNFBPs Sector in Fighting Financial Crimes Summit, held on April 16–17, 2025. This prestigious summit brought together global experts, policymakers, compliance officers, and key players in the Designated Non-Financial Businesses and Professions (DNFBPs) sector to discuss strategies to combat financial crime, promote transparency, and enhance regulatory compliance.

Our participation underscores Affinitas DMCC's commitment to fostering compliance excellence, anti-money laundering (AML) best practices, and global financial integrity in the UAE and beyond.

About the Summit

The 'Role of DNFBPs in Fighting Financial Crimes Summit' is an initiative aimed at raising awareness about the responsibilities of non-financial sectors—such as real estate, corporate service providers, precious metals dealers, and auditors—in the global fight against financial crimes like money laundering, terrorism financing, and corruption.

Key topics discussed included:

• AML/CFT (Anti-Money Laundering / Counter-Financing of Terrorism) obligations for DNFBPs
• Risk-based compliance frameworks
• Latest FATF (Financial Action Task Force) guidelines
• Practical case studies on suspicious transaction reporting (STR)
• Emerging risks in virtual assets and real estate sectors

Official event details: UAE MOE - DNFBP Sector Compliance Initiatives

Why Affinitas Participated

At Affinitas DMCC, we don't just advise—we implement compliance solutions grounded in real-world regulatory expertise.

Participation in the summit allowed our team to:

• ✅ Strengthen our knowledge of evolving UAE compliance regulations
• ✅ Align our services with the latest Federal Tax Authority (FTA) and UAE Ministry of Economy (MOE) standards
• ✅ Engage directly with UAE regulators and compliance officers
• ✅ Showcase how Affinitas supports DNFBPs in achieving full compliance

Affinitas' Key Contributions

Our representatives took part in panel discussions and closed-door workshops focused on:

✅ Corporate Service Providers’ Compliance Duties

How firms like Affinitas play a critical role in maintaining transparency in company formation and administration.

✅ Enhancing AML Controls for UAE Businesses

Sharing insights on practical implementation of risk-based KYC, UBO declarations, and enhanced due diligence (EDD).

✅ Redomiciliation with Compliance Integrity

Promoting compliant pathways for companies looking to redomicile to the UAE, ensuring proper reporting and corporate governance.

UAE Compliance Snapshot: DNFBP Sector (2025)

The UAE’s Commitment to Fighting Financial Crime

According to the UAE's 2024 FATF Mutual Evaluation Report:

• The UAE has made significant progress in enhancing financial crime risk awareness across DNFBP sectors.
• Over 14,500 DNFBP entities are now registered with compliance programs.
• Suspicious Transaction Reports (STRs) filed by DNFBPs increased by 67% from 2023 to 2024.
• New AML-focused audits and inspections target high-risk sectors.

How Affinitas DMCC Helps DNFBPs Stay Compliant

Affinitas DMCC offers comprehensive support for DNFBPs in the UAE:

• ✅ AML/CFT Program Design and Implementation
• ✅ UBO Registration and Ongoing Monitoring
• ✅ Corporate Tax Registration and Filing
• ✅ Redomiciliation Assistance with Regulatory Compliance
• ✅ Accounting and Reporting Services Aligned with FTA Standards

Stay Ahead of Compliance Challenges

In today’s dynamic regulatory environment, compliance is not optional—it’s strategic.

Affinitas DMCC is your trusted partner for:

• Business Setup
• Corporate Governance
• AML Compliance
• Tax Advisory
• Redomiciliation

📩 Contact us today for a free consultation on how we can protect and grow your business in the UAE!

👉 Schedule a Consultation | 📞 +971 4 576 2903