Entire Section

  • AML 1.1 AML 1.1 Application

    • AML 1.1.1

      This module (AML) applies to:

      (a) every Relevant Person in respect of all its activities carried on in or from the DIFC;
      (b) the persons specified in Rule 1.2.1 as being responsible for a Relevant Person's compliance with this module; and
      (c) a Relevant Person, which is a DIFC entity, to the extent required by Rule 14.1.

      except to the extent that a provision of AML provides for a narrower application.
      Derived from RM117/2013 [VER9/07-13]
      [Amended] DFSA RM196/2016 (Made 7th December 2016). [VER13/02-17]

    • AML 1.1.2

      For the purposes of these Rules, a Relevant Person means:

      (a) an Authorised Firm other than a Credit Rating Agency;
      (b) an Authorised Market Institution;
      (c) a DNFBP; or
      (d) a Registered Auditor.
      Derived from RM117/2013 [VER9/07-13]
      [Amended] DFSA RM132/2014 (Made 21st August 2014). [VER10/06-14]