Compliance Services

SERVICES

Compliance Services

NEOM understands the critical importance of compliance for your business with ever-evolving regulations & increasing scrutiny from regulatory bodies and develops a customised strong compliance framework for your organisation.

We offer a wide range of compliance solutions to help businesses navigate complex compliance requirements with ease and avoid financial loss arising in the form of fines and penalties due to non-compliance.

WHAT DO WE OFFER ?

Anti Money Laundering (AML) Compliance

Money laundering poses a significant threat to the integrity of the global financial system and non-compliance in this regard can lead to huge fines by the regulatory bodies or in some cases it can result in closure of operations of the Company.

Our experts assist you to develop robust AML policies, conduct risk assessments, implement effective monitoring systems, and provide ongoing support to ensure prevention, detection, and timely reporting of suspicious activities.

Economic Substance Regulation (ESR) Compliance

In an era of increased transparency, ESR reporting has emerged as a key compliance area for many organisations. We help you file notification on the applicability of ESR and prepare a report of ESR for submission to the regulatory body within stipulated timelines.

Ultimate Beneficial Ownership (UBO) Filing

Maintaining and disclosing updated UBO records with the regulatory body is crucial for each organisation in the United Arab Emirates.

For complex structured organisations, our UBO filing team provides guidance on preparing UBO details and maintaining its record as per local laws and regulations to ensure transparency of ownership and submitting the same to the regulatory bodies within stipulated timelines to minimise the risk of non-compliance.

why neom ?

• • Improved compliance procedures using cutting-edge software and automation
  • Customised compliance framework for your business as per latest regulatory changes
  • Cost effective advice of professionals equipped with latest developments in the regulatory environment
  • Continuous support programs to give you peace of mind and confidence of being in the safe hands of professionals