Compliance Framework
Maintaining the highest standards of regulatory compliance and anti-financial crime controls
Overview
Compliance is integral to our operations. Secure Capital Group Ltd maintains a comprehensive AML/CFT framework aligned with UAE federal legislation, international standards, and the rules of our licensing authority. We are committed to preventing money laundering, terrorist financing, and all forms of financial crime.
AML/CFT Framework
Customer Due Diligence
All counterparties and service providers are subject to verification through our integrated SumSub platform prior to any business engagement.
Enhanced Due Diligence
Enhanced verification procedures are triggered by elevated risk indicators, including high-risk jurisdictions, complex ownership structures, and politically exposed persons.
Transaction Monitoring
Continuous automated and manual review of all transactions to detect suspicious patterns, unusual activity, and potential compliance breaches.
Suspicious Activity Reporting
Established procedures for filing Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs) with relevant authorities in accordance with applicable law.
KYC Verification Process
Our identity verification process ensures compliance with regulatory requirements through the following steps:
Government-issued identity document verification
Selfie with liveness detection check
Compliance questionnaire completion
PEP and sanctions screening against global databases
Sanctions Compliance
Secure Capital Group Ltd adheres to all applicable sanctions regimes, including:
- United Arab Emirates sanctions lists
- United Nations Security Council sanctions
- United States OFAC sanctions
- European Union restrictive measures
- United Kingdom sanctions regime
The Company does not engage in any dealings with sanctioned individuals, entities, or jurisdictions, including but not limited to: Iran, North Korea, Cuba, Crimea, Kherson, Zaporizhzhia, Donetsk, and Luhansk.
Regulatory References
Our compliance framework is built upon the following legislative and regulatory instruments:
- UAE Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Countering the Financing of Terrorism and Illegal Organisations
- Cabinet Decision No. 10 of 2019 Concerning the Implementing Regulation of Decree-Law No. 20 of 2018
- Innovation City Authority Rules and Regulations
Money Laundering Reporting Officer
A designated Money Laundering Reporting Officer (MLRO) oversees all compliance matters, including the review and filing of suspicious activity reports, staff training, and ongoing monitoring of the Company's AML/CFT framework.
Record Keeping
All compliance-related records, including transaction data, verification documentation, and correspondence, are retained for a minimum period of five (5) years in accordance with applicable regulations.
Policy Documents
Review our full compliance policies and legal documentation: