All IndustriesIndustry: Dealers in Precious Metals & Stones

Dealers in Precious Metals & Stones AML Compliance in the UAE

Supervised by the UAE Ministry of Economy

DPMS businesses operate at one of the most scrutinised intersections of cash and movable high-value assets. Anthemion delivers DPMSR-ready controls aligned to FATF Recommendation 22 and the Ministry of Economy's DPMS-specific guidance.

Risk Profile

What makes Dealers in Precious Metals & Stones high-risk.

AED 55,000 Cash Threshold

Single or linked cash transactions at or above the threshold trigger mandatory DPMSR filing — manual processes routinely miss linked-transaction logic.

Portable High-Value Assets

Gold, diamonds, and gemstones are easily transportable, fungible, and difficult to trace — attractive for layering and integration stages.

Trade-Based Money Laundering

Over- and under-invoicing, phantom shipments, and circular trading between related entities are common typologies in precious-metals supply chains.

Cross-Border Bullion Flows

DMCC-zone activity and inbound flows from higher-risk refining jurisdictions require enhanced sanctions screening and source-of-asset verification.

The Framework

Our Dealers in Precious Metals & Stones Compliance Framework.

  1. Customer and Counterparty Onboarding

    Full KYC for retail and wholesale customers, KYB for refiners and traders, with beneficial-owner verification on corporate buyers.

  2. Cash Transaction Aggregation

    Automatic linking of related cash transactions across customer, household, and beneficial-owner relationships to catch threshold structuring.

  3. Sanctions Screening

    Real-time screening of customers, suppliers, and shipping counterparties against global and UAE local terrorist lists.

  4. TBML Scenario Monitoring

    Behavioural scenarios for over-invoicing, repeated round-amount cash, rapid resale, and unusual settlement patterns.

  5. DPMSR and STR Filing

    Threshold-driven DPMSR submission and discretionary STR escalation through goAML, with linked-transaction documentation built in.

Platform Configuration

Preconfigured for Dealers in Precious Metals & Stones.

The Anthemion AML Platform ships with a dealers in precious metals & stones-ready configuration on day one — no consulting project required to switch it on. You inherit the work of every prior deployment in the sector.

Scenario Library
Pre-tuned transaction-monitoring scenarios calibrated to dealers in precious metals & stones typologies and UAE supervisor expectations.
Document Templates
Risk assessments, CDD/EDD templates, and policy documents aligned to your supervisor's published guidance.
Screening Lists
UN, OFAC, EU, UK, and UAE local terrorist lists, plus PEP and adverse-media coverage relevant to your jurisdictions.
Reporting Flags
STR, SAR, and where applicable DPMSR templates pre-mapped to goAML schema with deadline tracking.

A DMCC-based bullion dealer automated DPMSR filing across three branches, eliminating missed-deadline risk and cutting compliance officer effort by 40%.

Get in touch

Speak with our Dealers in Precious Metals & Stones specialist.

Tell us about your business and we will respond within one working day with a dealers in precious metals & stones-specific scoping note.