CEO & Founder of MS
The Dubai Financial Services Authority (DFSA) enforces regulations on financial service firms within the Dubai International Financial Centre (DIFC), highlighting the key role of the Compliance function. Mandated as a requisite appointment for DIFC financial entities, Compliance Officers ensure adherence to a set of rules and regulations spanning Conduct of Business, Prudential, Investment, and Data Protection regulations. Non-compliance can result in severe consequences, from financial penalties to reputational damage and business closure. A strong Compliance function is essential for success in DIFC financial firms, though it doesn't directly generate revenue. It creates a culture of compliance, indirectly boosting efficiencies and revenue. The DFSA insists on skilled Compliance Officers, emphasizing their significant role in the authorization process.
Why MS
for Outsourced Compliance Officer in DIFC
Our Outsourced Compliance Officer (CO) service offers a distinctive advantage by providing a versatile professional without the need for extensive hiring processes. Reach out to MS to address your compliance needs with ease. Whether you require complete outsourcing of Compliance Officer and Money Laundering Reporting Officer (MLRO) roles or support for local coverage within your central compliance function, we're ready to engage in a conversation tailored to your specific nees explore how we can assist you effectively.
Reach out to us for all your queries. Assuring you a best solution
from the most energetic team at MS.