To curb illegitimate trade, UAE to audit all gold refineries
Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, who chairs a commission supervising the gold trade, also said: “The gold and precious metals industry is vital to our economy.” The good delivery standard “would reinforce the UAE’s AML/CFT (anti-money laundering and counter-terrorist financing) framework, which is a crucial national objective and a central focus of the UAE leadership,” according to Al Zeyoudi.
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CISA, FCA, CS, DISA (ICAI), FAFP (ICAI)
Pathik is a multi-disciplinary professional with more than 22 years of experience in compliance, risk management, accounting, system audits, IT consultancy, and digital marketing. He has extensive knowledge of Anti-Money Laundering rules and regulations, and he helps companies comply with legal requirements. Pathik also helps companies generate value from their IT investments.