Themis The Firm

Protecting Your Legal Interests & Compliance Obligations at TFLC

13/09/2026

Standard due diligence assumes a baseline level of risk. Enhanced due diligence exists for the cases that sit above it. This can mean a foreign investor connected to a jurisdiction on the Ministry of Economy's high-risk country list, a politically exposed person and their close associates, or a purchaser whose ownership structure runs through several layers of corporate entities.

The additional measures typically include a closer look at source of wealth, more frequent monitoring, and senior management sign-off before the transaction proceeds.

Themis TFLC applies enhanced due diligence as a defined step in our process, not a judgment call made under time pressure. Write to [email protected] to see how EDD triggers are set for your project.

31/08/2026

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Property remains one of the more direct routes for layering illicit funds through a legitimate asset. When the buyer is a corporate entity, particularly one incorporated offshore or across several jurisdictions, the individual who ultimately controls that entity is not always evident from the purchase documents alone.
Identifying and verifying the UBO closes that gap. It also protects the developer, since failure to identify beneficial ownership is among the most commonly cited findings in Ministry of Economy inspections.
Themis TFLC handles UBO identification and register maintenance as part of our outsourced compliance service. Reach out to [email protected] to see how this fits into your onboarding process.

29/08/2026

Enforcement against DNFBPs has accelerated as the UAE prepares for its next FATF mutual evaluation. Inspections are testing whether AML frameworks are genuinely operational, not simply documented. A risk assessment that references repealed legislation, a stale UBO register, or an MLRO with no real authority are common findings that trigger action.
For developers, the exposure extends beyond the fine itself. A suspended licence halts sales, delays handovers, and unsettles investor confidence in a project.
A short review now is considerably less costly than a finding during inspection. Contact [email protected] for a compliance health check against the current framework.

26/08/2026

The role carries personal accountability. Under the current AML law, responsibility attaches to the individual MLRO as well as the company, which makes the appointment a decision worth taking seriously rather than assigning to whoever has spare capacity.
For a development firm, the MLRO is expected to oversee the AML framework, manage suspicious transaction reporting through goAML, and act as the point of contact during a Ministry of Economy inspection. That is a full function, not a part-time addition to an existing role.
Themis TFLC provides outsourced MLRO support built specifically for regulated real estate developers. Write to [email protected] to discuss what the role would look like for your portfolio.

24/08/2026

The classification is not new in principle, real estate has been named a high-risk sector in every UAE national risk assessment. What has changed is the scale of enforcement. Cabinet Resolution No. 134 of 2025 confirms real estate developers and brokers as a designated category, supervised by the Ministry of Economy, with administrative fines running into the tens of millions of dirhams for serious breaches.

For a developer, this means customer due diligence, sanctions screening, and suspicious transaction reporting are no longer back-office considerations. They sit alongside sales targets as a condition of continuing to operate.
Themis TFLC works with regulated real estate developers to build compliance frameworks that satisfy the Ministry of Economy without slowing down transactions. Reach out to [email protected] to review where your current process stands.

20/08/2026

Have you ever wondered what the most effective first step is in protecting your intellectual property rights?

Protecting your brand starts with being proactive. Engaging the right advisors and leveraging technology to monitor where and how your intellectual property is being used can make all the difference.

We're discussing this and much more at length in our Coffee N Counsel talk. Watch full video now on CoffeeNcounselbyThemis check the link in bio

Stay tuned for more.
Watch the full episode now ,link in bio

13/08/2026

Have you ever asked whether AI changes liability or simply changes the way we apply the law?

While AI continues to evolve, human involvement remains at the heart of its use. The law remains robust and those who develop, direct and use AI systems continue to bear responsibility for intellectual property infringements.

We're discussing this and much more at length in our Coffee N Counsel talk. Stay tuned for more.check bio for the full episode

11/08/2026

Have you ever thought of a 15-day shipping delay as a strategic moment in the global supply chain?

In the world of intellectual property and global trade, time matters. Even a 15-day delay can reshape supply chain dynamics and reinforce the importance of effective IP enforcement measures.

We're discussing this and much more at length in our Coffee N Counsel talk. Watch full video now on CoffeeNcounselbyThemis

30/07/2026

Every meaningful conversation begins with the right perspective. We're delighted to welcome Simba Makahamadze as our special guest for this edition of Coffee N Counsel. Join us as we exchange ideas, insights, and perspectives on the ever-evolving world of intellectual property and global trade. Stay tuned for more.

17/07/2026

Every meaningful conversation begins with the right perspective.

We're delighted to welcome Simba Makahamadze as our special guest for this edition of Coffee N Counsel. Join us as we exchange ideas, insights, and perspectives on the ever-evolving world of intellectual property and global trade.

Stay tuned for more.

Address

Ras Al Khaimah: Offices 12A & 12L, Level 12, Tower 2, RAKEZ Al Hamra, Ras Al Khaimah, UAE
Ras Al-Khaimah

Website

https://tflc.ae/

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