Compliance Statement
Compliance Statement for Thistle Global Management Consultancy
Compliance Statement
- Thistle Global Management Consultancy
- Website: www.thistleglobal.ae
- Effective Date: 31 July 2025
- Email: contact@thistleglobal.ae
- 1. Legal and Regulatory Compliance
Thistle Global Management Consultancy is committed to full compliance with all applicable laws, regulations and ethical standards in the United Arab Emirates and other jurisdictions where we operate. We maintain strict adherence to:
- UAE Federal Laws and Executive Regulations
- Dubai Department of Economic Development licensing requirements
- Dubai Land Department rules for real estate-related services
- Visa and immigration regulations from the General Directorate of Residency and Foreigners Affairs (GDRFA)
- Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) laws, including UAE Cabinet Decision No. (10) of 2019
- International advisory and risk management practices
- 2. Professional Independence
We are a fully independent consultancy firm. We do not act as legal representatives and do not receive referral fees from developers, government entities or estate agents. Our recommendations are unbiased and based solely on the interests of our clients.
- 3. Data Protection and Privacy
- Staff confidentiality agreements and training
- Regular data security audits
- Explicit client consent prior to data processing
- Secure document handling and encrypted communications
- 4. Anti-Money Laundering (AML) Commitment
We maintain robust internal controls and client onboarding procedures to identify and prevent money laundering, fraud and illicit financial activity. These include:
- Know Your Customer (KYC) checks on all clients
- Verification of source of funds for property and investment transactions
- Monitoring of high-risk jurisdictions or sanctioned individuals/entities
- Filing of Suspicious Transaction Reports (STRs) when appropriate
- 5. Ethical Standards
- Transparent service delivery
- Non-discriminatory client treatm
- Conflict of interest disclosures
- A strict no-bribery, no-gift policy in line with UAE Federal Law No. 3 of 1987 (Penal Code)
- 6. Training and Awareness
- UAE legal changes
- Real estate regulations
- International compliance standards
- Client confidentiality obligations
- 7. Complaints and Whistleblowing
Clients and third parties may report any concerns, ethical violations or misconduct confidentially. All complaints are taken seriously and handled according to a documented internal process.
- 8. Continuous Improvement
Thistle Global Management Consultancy regularly reviews and updates its compliance framework to reflect regulatory developments, emerging risks and industry best practices.