Monetary Metals Engages AKW Consultants

May 2024

Monetary Metals Dubai is pleased to announce that we have engaged AKW Consultants for services related to UAE company establishment, local licensing, and regulatory compliance.

“At Monetary Metals, we take regulatory compliance very seriously,” said Mark Pey, Monetary Metals’ Dubai representative, “and we wanted to partner with the gold standard firm in the region. AKW Consultants has deep local knowledge and experience in our industry, so they definitely meet that standard for us.”

AKW Consultants is an ISO 9001:2015 certified and award-winning end-to-end regulatory compliance firm that has served as a trusted partner to over 1,000 clients across the GCC region. The firm is a leader in the Gold and Precious Metals sectors and has helped establish AML/CFT frameworks for companies operating within these industries. AKW Consultants’ unparalleled reputation and rigorous standards have led to its appointment as an approved UAE Good Delivery Auditor for the Gold and Precious Metals sector.

“We are very excited to be engaged with Monetary Metals on a number of fronts,” said AKW CEO Faisal Ahmed. “As the industry leader in enabling individuals and institutions to put their gold to productive use, we believe that Monetary Metals has an enormous opportunity in the UAE and across the region. Our job is to help ensure they can fully capitalize on that opportunity in a compliant and sustainable manner.”

Monetary Metals has engaged AKW for local subsidiary company establishment services, local market business strategy and licensing, and compliance with local AML and supply chain regulations. These initiatives will culminate in the official opening of Monetary Metals’ local service in Q4 of 2024.

Monetary Metals looks forward to a long and productive partnership with AKW Consultants.

Any related queries can be submitted to mpey@monetary-metals.ae, raza.takarim@akwconsultants.com, or else by phone on +971 (4) 393 6500.