Things you should know about UAE goAML solutions!
The introduction of goAML software solutions is considered one of the main regulatory steps in the pathway of the fight against terrorist funding and money laundering. Depending on the national risk assessment done in UAE and the implementation of AML legislation which came into force in the year 2018 in the country, all regulatory authorities of the region emphasize the importance of the goAML platform and its usage by all remittance gateway and business entities. The goAML software is one of the integrated digital platforms that is mainly used by financial intelligence departments around the world for collecting and evaluating financial data. The system was mainly developed by the United Nations Office on Drugs and Crime for being used by the financial intelligence units for data analysis for the prevention of all criminal activities. Benefits of goAML KYC software All the required updates and data in relation to the list of all targeted financial sanctions are available there for y...