AML 12.1.1

(1) A Relevant Person must appoint an individual as the MLRO who has an appropriate level of seniority, experience and independence to act in the role, with responsibility for implementation and oversight of its compliance with the Rules in the AML Rulebook. It must do so by completing and filing with the Regulator the appropriate form specified by the Regulator.
(2) The MLRO in (1) and Rule 12.1.7 must be resident in the U.A.E.
Amended on (15 April, 2019).