Compliance & responsible trade

Compliance is the product.

We are a UAE dealer in precious metals and stones, and we treat the regime that governs us as the reason clients can trust us — not as fine print. Here is what we actually do.

Legal identity

Checkable, not claimed.

Every fact on this page can be verified against the trade licence and the public UAE registers. That is the point.

Legal entity
Althara Gold LLC
Formation No.
2542562
Jurisdiction
Sharjah Media City (Shams), UAE
Licensed activities
Gold & precious metals · Precious stones · Watches & jewellery
Established
2025
Classification
Dealer in Precious Metals & Stones (DPMS / DNFBP)
Supervisor
UAE Ministry of Economy & Tourism — AML

AML / CFT framework

What we run, on every deal.

We operate under UAE AML/CFT Federal Decree-Law No. 20 of 2018 (as amended, including No. 7 of 2024) and its Cabinet regulations, under a named AML Compliance Officer.

goAML registration

Registered with the UAE Financial Intelligence Unit, as required of every dealer in precious metals and stones.

Threshold reporting (DPMSR)

Cash or wire transactions at or above AED 55,000 — single or linked — reported within 14 days.

Suspicious-transaction reporting

STR/SAR filed for any suspicious dealing, with no minimum threshold.

Sanctions & PEP screening

Counterparties screened against the UAE Local Terrorist List, UN Consolidated List and applicable OFAC / EU lists, with freeze-on-match and ongoing re-screening.

KYC / CDD & UBO

Customer due diligence on every counterparty, enhanced for higher-risk cases, and identification of beneficial owners (≥25% or effective control).

Records & training

Transaction, CDD and provenance records retained for five years; documented AML training for staff.

Onboarding

What we'll ask you for.

We publish this up front — knowing what a trade account requires is a sign of seriousness, not friction. Before value moves, we onboard you with:

  • Trade licence / commercial registration
  • Certificate of incorporation / formation documents
  • Import / export licences where relevant
  • Passport / ID of authorised signatories
  • Ultimate beneficial owner (UBO) details
  • Source of funds for large transactions

Enhanced due diligence applies to PEPs, higher-risk jurisdictions, cash-intensive and third-party payment situations.

Responsible sourcing

Aligned to the OECD standard.

Our sourcing follows the OECD Due Diligence Guidance (and Gold Supplement) and the UAE's responsible-sourcing rules for gold, including the Ministry of Economy's due-diligence regulations. Physical metal is referenced to accredited refiners only.

  • OECD Due Diligence Guidance (5-step + Gold Supplement)
  • UAE MoET responsible-sourcing regulations for gold
  • Accredited-refiner-only sourcing (UAEGD · DGD · LBMA)
  • Assay, certificate of origin & lab certification
See how we source

Our stance

What we will not trade.

Some business we decline on principle, and we would rather say so plainly. Althara does not knowingly deal in, or facilitate:

  • ✕Conflict or “blood” gold, or metal of misrepresented origin
  • ✕Money laundering or terrorist financing
  • ✕Sanctions evasion of any kind
  • ✕Child or forced labour anywhere in the chain
  • ✕Bribery, facilitation payments or corruption

Compliance contact

AML Compliance Officer — info@althara.me

For counterparty due-diligence requests and responsible-sourcing questions.

Open a trade account.

Serious counterparties welcome the questions. Start an enquiry and we'll begin onboarding — cleanly, and on the record.

Start an enquiry