AML / CFT Privacy Disclosure

Xpert Group FZE-LLC

Effective Date: [Insert Date]

This AML/CFT Privacy Disclosure explains how Xpert Group FZE-LLC collects and processes personal data to comply with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) laws of the United Arab Emirates.

1. Legal Basis

Xpert Group is legally required to collect and process personal data under:

  • UAE AML/CFT Laws

  • Cabinet Resolution No. 10 of 2019

  • Regulatory requirements of UAE authorities

Processing is mandatory and does not require consent.

2. Data Collected for AML/CFT

  • Identification documents (Passport, Emirates ID)

  • Proof of address

  • Beneficial ownership details

  • Shareholding structures

  • Trade licenses and incorporation documents

  • Transaction and source-of-funds information

3. Purpose of Processing

Data is processed to:

  • Conduct Customer Due Diligence (CDD)

  • Perform Enhanced Due Diligence (EDD) where required

  • Screen against sanctions and watchlists

  • Monitor suspicious transactions

  • Fulfill reporting obligations

4. Data Sharing & Disclosure

AML/CFT data may be disclosed to:

  • UAE regulators and competent authorities

  • Financial institutions and auditors (where required)

  • Law enforcement agencies upon lawful request

Such disclosures are mandatory under law.

5. Data Retention

AML/CFT records are retained for:

  • Minimum 5 to 8 years, or

  • Longer if required by applicable regulations

Data is securely stored and access-restricted.

6. Data Subject Rights (Limitations Apply)

Due to legal obligations:

  • Certain rights (erasure, objection) may be restricted

  • Access requests are subject to regulatory review

7. Confidentiality & Security

Xpert Group applies strict:

  • Confidentiality obligations

  • Secure storage and access controls

  • AML-trained personnel handling

8. Contact for AML Privacy Matters

Email: info@xpertgroup.me
Company: Xpert Group FZE-LLC