Global efforts to prevent the abuse of financial systems to launder money or finance terrorist activities is extremely important. This chapter provides standards that every Licensed Person must follow at all times in order to protect the Licensed Person from abuse by money launderers and/or terrorist financiers. The Licensed Person must ensure that its Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) Compliance is in line with applicable Laws and Regulations of the UAE regarding Criminalization of Money Laundering (“AML/CFT Laws and Regulations”).