In late 2021, Global Securities Company contracted Abu Hwaij to conduct a compliance audit concerning anti-money-laundering and counter-terrorist-financing procedures. The engagement addressed the specified requirements for entities supervised by the Palestine Capital Market Authority. Work focused on the compliance procedures within the commissioned scope and the preparation of assurance reporting for the defined purpose, in the context of the company’s regulatory reporting requirements.
Scope of work
- Anti-money-laundering procedure audit
- Counter-terrorist-financing procedure audit
- Assurance reporting against the engagement requirements