Targeted Financial Sanctions (TFS) prevent terrorism financing by requiring UAE Reporting Entities to freeze assets within 24 hours of a match on the UAE or UNSC terrorist lists. TFS applies to designated individuals, entities, and those they control or act through, with all actions based on documented evidence.

The future of the audit profession is gaining importance as the UAE’s landscape evolves. To explore this, Baker Tilly UAE hosted a Roundtable on "Building Capacity and Strengthening Audit Quality," bringing together partners from leading second-tier firms, regulators, and professional bodies. Discussions highlighted the firms’ role in maintaining market confidence and the key challenges and opportunities shaping the profession.

Global Workforce and Globally Mobile High Net-Worth Individuals (HNWIs)