Must a UAE TCSP register on the goAML portal?
Yes. As a DNFBP, a trust or company service provider must register on the goAML portal operated by the UAE Financial Intelligence Unit. Registration is the gateway to meeting the reporting duties: it is the channel through which the provider files suspicious transaction and suspicious activity reports and receives feedback and requests from the FIU. Operating without registering is itself a compliance failure that supervisors act on.
Registration should be completed when the business begins in-scope activity, and the provider must keep its goAML profile and compliance officer details current. Alongside goAML, providers are expected to subscribe to the EOCN automatic notification system so they receive sanctions list updates promptly. Registering is only the start; the provider must then be ready to submit complete, timely reports whenever suspicion arises.
Legal Reference (UAE):
· Federal Decree-Law No. 10 of 2025, Article 20 - requires registration or enrolment with the competent or supervisory authority to carry on DNFBP activity.
· Federal Decree-Law No. 10 of 2025, Article 18(1) - requires reporting of suspicious transactions to the FIU, filed through goAML.
For more details, consult the full text of Federal Decree-Law No. 10 of 2025 or seek guidance from your AML compliance officer.