Anti-Money Laundering (AML) Policy
Effective Date: 29 December 2025
Last Updated: 29 December 2025
GTC Corporate Services Provider L.L.C (“GTC”, “we”, “our”, or “us”) is committed to preventing money laundering, terrorist financing, and other illegal financial activities in compliance with the laws and regulations of the United Arab Emirates. This Anti-Money Laundering (AML) Policy outlines our approach to detecting, preventing, and reporting any suspicious activity.
1. Scope
This policy applies to all GTC employees, directors, contractors, and business partners. It covers all operations, transactions, and business relationships conducted by the company, whether domestic or international.
2. Compliance with UAE Law
GTC strictly adheres to all applicable UAE federal laws, regulations, and guidelines related to anti-money laundering, including:
Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Combating Terrorist Financing
Guidelines issued by the UAE Central Bank and other regulatory authorities
3. Customer Due Diligence (CDD)
GTC conducts thorough Customer Due Diligence to verify the identity of clients and partners, including:
Collecting and verifying official identification documents
Understanding the nature and purpose of the business relationship
Screening against government sanctions lists and politically exposed persons (PEPs)
4. Transaction Monitoring
All transactions are monitored for unusual or suspicious activity. Any transaction inconsistent with a client’s profile or involving unusually large amounts is reviewed and reported as required by law.
5. Reporting Suspicious Activity
Employees must report any suspicious activity or transactions to the designated Compliance Officer. GTC ensures that reports are treated confidentially and submitted to the relevant UAE authorities in accordance with legal requirements.
6. Employee Training
All staff receive regular training on AML regulations, internal policies, and procedures. Employees are expected to comply fully with this AML Policy and to report any concerns without fear of retaliation.
7. Record Keeping
GTC maintains records of all transactions, customer due diligence documents, and AML reports for a minimum period as required by UAE law. Records are stored securely and are available for inspection by regulatory authorities when required.
8. Review and Updates
This AML Policy is reviewed periodically to ensure compliance with UAE laws, regulations, and international best practices. Updates are communicated to all employees and stakeholders.
Contact Us
For questions or concerns regarding this Anti-Money Laundering (AML) Policy, please contact:
GTC Corporate Services Provider L.L.C
Phone: +971-47-700-871
Email: info@gtccsp.com
Address: 1501, The Burlington Tower, Marasi Drive, Business Bay, Dubai, United Arab Emirates