Hedieh Molavi

Biography

Hedieh is a DFSA registered Compliance Officer/MLRO actively providing regulatory consultancy services in and from DIFC to a number of local and global financial service providers within the past few years. As a regulatory consultant at Al Tamimi and Company, she is specialized in establishing regulated and unregulated entities in the DIFC with a strong focus on Financial Advisory, Asset Management/Fund Management, Corporate Finance, and Brokerage activities, etc.

Recent Experience

She has established (or has been involved in establishment of) over 40 entities in the DIFC since 2015 under DFSA Prudential Category 2, 3A, 3C, 4, Rep Offices, and DNFBPs including waivers or endorsements in respect of Client Assets or Retail permissions.
She has carried out regulatory due diligence on a number of authorised firms in the DIFC and has led the regulatory approval process for change in control and acquisitions within a large number of institutions in the DIFC.
She has carried out the outsourced Compliance Officer/MLRO function for multiple regulated financial institutions (including branches of international banks) in the DIFC within the past few years.
As an outsourced CO/MLRO she was responsible for identifying the key risks involved in business and assisting the firms in developing and implementing risk-based compliance control frameworks and monitoring programmes.
In addition to overseeing the AML and Compliance risks, she was responsible for interfacing with the DFSA and DIFC authorities on behalf of the firms and has been in charge of preparation of compliance reports and annual year-end fillings including AML Return, CMP, and the UAE Central Bank filings.