Anti-money laundering and sanctions
How we prevent our brands from being used for money laundering, terrorist financing or sanctions evasion.
Our commitment
We comply with UAE anti-money laundering, counter-terrorist-financing and sanctions laws, and with the sanctions regimes of the United Nations and other applicable authorities. We will not knowingly deal with funds from criminal activity or with sanctioned persons or entities.
Know your counterparty
Before accepting a new corporate client, supplier or partner, we confirm:
- Legal name, registration and trade licence details.
- Ownership and the individuals who ultimately control the business, where applicable.
- The nature of the business and the purpose of the relationship.
- Authority of the person acting on its behalf.
Payments
We prefer traceable bank transfers and cheques from the contracting entity. We limit cash, and we do not accept payment from unrelated third parties or overpayments followed by refund requests without clear justification.
Warning signs
- Reluctance to provide identity or ownership information.
- Payments from a party that is not the customer.
- Unusual requests to split payments, pay in cash or route money through other countries.
- Orders that do not fit the customer's apparent business.
- Pressure to complete a transaction without normal checks.
Sanctions screening
We screen new counterparties against applicable sanctions and terrorist lists and re-screen when lists change or when the relationship changes in a meaningful way. We do not supply goods or services where a sanctions restriction applies.
Records
We keep identification and transaction records for the period required by UAE law and make them available to the authorities when legally required.
Reporting suspicions
Anyone who suspects money laundering or a sanctions breach must report it immediately to management through the contact below. Do not alert the person concerned. Management will assess the report and make any filing required by law.