Anti-Money Laundering (AML) Policy
The Jewel Bar is a dealer in precious metals and stones based in the United Arab Emirates. We are committed to preventing money laundering, terrorist financing and the financing of proliferation, and we comply with the UAE’s anti-money laundering framework, including Federal Decree-Law No. 10 of 2025, its Executive Regulations (Cabinet Resolution No. 134 of 2025), and the guidance of the Ministry of Economy and Tourism, our supervisory authority.
What this means for our customers
- Identification. We will ask for a copy of your Emirates ID or passport, and for businesses, a trade license and the ID of the authorised person.
- Our right to decline: we may decline or cancel an order, or pause it until checks are complete, if we cannot verify a customer’s identity or if a transaction raises concerns.
Our internal controls
We maintain a risk-based AML programme, including customer due diligence, ongoing monitoring of transactions, a designated compliance officer, and regular staff training.
Questions
If you have any questions about this policy, please contact our compliance team at compliance@thejewelbarinc.com.