Industry
Precious metals & stones
(Cash above threshold)
For gold refiners, bullion traders and dealers in precious metals and stones — where cash moves fast and provenance decides everything.
DNFBP
Designated Non-Financial Businesses and Professions (DNFBPs) A regulated sector under the UAE Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) framework.
AED 55,000
Cash threshold triggering full due diligence
Industry Challenges
Risk has moved. Most compliance hasn’t.
High-value cash deals and cross-border settlement draw the sharpest regulatory scrutiny in the DNFBP world.
Provenance — of the goods and of the funds — must be evidenced across intermediaries and borders.
Occasional customers at or above the AED 55,000 threshold trigger obligations many dealers still handle on paper.
Compliance Workflow
Built for the way metal and money move.
01
Counterparty Onboarding
Verify dealers, refiners and buyers before metal or money moves.
02
Source of Funds & Goods
Document provenance to an audit standard.
03
Transaction Monitoring
Flag structuring, unusual settlement and third-party payment.
04
Regulatory Reporting
goAML filings and registers aligned to your supervisor’s expectations.
Recommended Solutions
Purpose-built for precious metals risk.
Customer Verification & Screening
Identity, ownership and watchlist checks under one risk-based policy engine.
Learn more
Transaction Monitoring
Continuous, risk-weighted monitoring of customer transaction activity.
Learn more
STR/SAR Reporting
goAML filings drafted from the case record that produced them.
Learn more
Why It Works
The impact for your trading desk.
01
Deal speed without exposure
Diligence that keeps pace with the trade.
02
Clean counterparties
Screened and re-screened across every list.
03
Registers that stand up
Cash transactions above threshold recorded to inspection standard.
Drop precious metals trading or vault photography
Built Around UAE Regulations
Aligned to UAE AML obligations for dealers in precious metals and stones.
KYRX maps threshold due diligence, provenance records and reporting to the sector’s obligations and the FATF standards behind them.