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Compliance

UAE AML Advanced Training for Real Estate Compliance Officers (MLRO)

Training for real estate Compliance Officers who assess risk, review ownership and make reporting decisions. Includes the employee foundation, specialist casework and workbooks for the firm’s compliance records.

Duration
112 minutes
Language
English
Trainer
Course delivery
Online
Price per attendee
399 AED
Suggested for
Compliance
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Files, an open register and a magnifying glass on a desk.

About this course

A compliance file needs to explain why a decision was made, what evidence supported it and what still needs to be resolved. This course examines that work through customer risk ratings, layered ownership, sanctions alerts and internal reports.

Eight specialist modules follow the eight-module employee foundation. They cover the Compliance Officer’s responsibilities, enhanced checks, reporting through goAML, training, file testing and reporting to management. Cases distinguish an unresolved alert from a confirmed match and a rule-based property report from a suspicion report.

The English teaching edition includes risk workbooks, registers, review documents and a Compliance Officer’s Handbook. It is intended for real estate firms supervised by the UAE Ministry of Economy and Tourism; it does not qualify, license or appoint someone as a Compliance Officer.

What you'll learn

16 chapters · 121 minutes

Foundation

8 chapters · 61 minutes

  1. AML in real estate

    Money laundering, terrorist financing and proliferation financing in property, and the employee’s responsibilities.

    11 minutes

  2. Customer due diligence

    Customer identity, authority to act, the payer and the timing of customer due diligence.

    7 minutes

  3. Companies and beneficial owners

    Natural persons behind companies, ownership and control, and evidence that needs further review.

    6 minutes

  4. Risk, PEPs and higher-risk customers

    Customer risk factors, politically exposed persons and explaining additional checks.

    7 minutes

  5. Source of funds and source of wealth

    The funds used for a deal, wider wealth and whether the documents support the explanation.

    7 minutes

  6. Real estate warning signs

    Property payment patterns, changing parties, commercial pressure and other warning signs.

    8 minutes

  7. Sanctions and proliferation financing

    Sanctions screening, possible matches and property-related proliferation-financing risks.

    7 minutes

  8. Reporting and records

    Internal concerns, suspicion reports, the Real Estate Activity Report (REAR) and transaction records.

    8 minutes

Compliance Officer

8 chapters · 60 minutes

  1. The role and its limits

    The Compliance Officer’s duties, suitability, reporting line and response to pressure.

    7 minutes

  2. Risk assessment and customer risk rating

    Business risk assessment, customer risk factors, rating decisions and review triggers.

    7 minutes

  3. Due diligence decisions and ownership analysis

    Layered ownership, legal arrangements, enhanced checks, third-party reliance and incomplete due diligence.

    8 minutes

  4. Sanctions screening and targeted financial sanctions

    Screening coverage, match resolution, targeted financial sanctions and out-of-hours response arrangements.

    10 minutes

  5. From internal report to decision

    Receiving and assessing internal concerns, recording reasons, preparing a narrative and protecting confidentiality.

    8 minutes

  6. goAML reports: STR, SAR, REAR and the rest

    Reporting through goAML: suspicion reports, real estate activity reports and situations with separate reporting duties.

    7 minutes

  7. Training, records and independent audit

    Role-specific training, attendance and results, transaction records and independent audit preparation.

    7 minutes

  8. Reporting to management and inspection

    Management reports, file gaps, corrective-action tracking and presenting accurate records during inspection.

    6 minutes

Required by law: Yes

Included with this course

  • Real estate AML pack for compliance officers

    The employee pack, plus twelve tools for the Compliance Officer: risk assessment and customer rating workbooks, ownership analysis, a sanctions procedure, report logs and registers, training mapping and file testing, with a 24-page handbook.

    24 templates · 24-page guide · English
    What's inside

    Compliance officer tools

    • Ownership analysis and enhanced checks
    • Third-party reliance questionnaire
    • Sanctions operating procedure
    • Internal report decision and closure note
    • Real estate suspicion indicators
    • Periodic compliance report
    • Business risk assessment workbook
    • Customer risk rating workbook
    • Confidential internal report log
    • Reports register
    • Training plan and Ministry content map
    • File testing and gap tracker

    Employee foundation

    • The employee pack: 12 templates and the 16-page field guide

    Handbook

    • Compliance Officer's Handbook, 24 pages

  • Real estate AML pack

    Customer forms, deal records, screening and reporting tools for your firm to make its own, with a field guide for your team to keep.

    12 templates · 16-page guide · English
    What's inside

    Reporting guides

    • Start here
    • Which report, when
    • Employee reporting card
    • Official sources and use guide

    Customer forms

    • Individual customer form
    • Company and beneficial owner form
    • Source of funds and wealth declaration
    • Third-party payment declaration

    Internal records

    • Deal file checklist
    • Confidential concern note
    • STR and SAR narrative template

    Workbooks

    • Screening record and match review
    • REAR preparation and filing log

    Field guide

    • Real estate AML field guide, 16 pages

Your company can download it once anyone is enrolled on this course.

Course author

Shog Consulting