How long must UAE commercial gaming operators keep AML records?
Commercial gaming operators must retain all records, documents, and data relating to transactions and customer due diligence for at least five years. The period runs from the completion of the transaction or the end of the business relationship with the customer.
Retained material includes customer identification and verification records, transaction data, the results of due diligence and monitoring, internal analysis, and correspondence. Given the sector’s reliance on physical premises, this can also extend to relevant surveillance and access records where they support the AML function. Records must be readily retrievable and capable of being produced to the competent authorities immediately on request, so they can reconstruct individual transactions if needed.
Legal Reference (UAE):
· Cabinet Resolution No. 134 of 2025 (Executive Regulations), Article 25 - five-year retention from completion of the transaction or end of the relationship.
· Federal Decree-Law No. 10 of 2025, Article 19(1)(f) - duty to keep records available to authorities.
For more details, consult the full text of Cabinet Resolution No. 134 of 2025 or seek guidance from your AML compliance officer.