What is a High-Risk Country Report (HRC) on the goAML portal?
A High-Risk Country Report (HRC) is a report type available on the UAE goAML portal that a reporting entity submits when it identifies transactions connected to countries flagged as high risk by the national authorities. It is distinct from a suspicious transaction report because it is driven by the geographic risk associated with a jurisdiction rather than by suspicion about a particular customer or transaction, although the two can overlap.
Reporting entities are expected to keep pace with the list of high-risk jurisdictions identified by the National Anti-Money Laundering and Combating the Financing of Terrorism Committee and to apply enhanced due diligence to dealings with those countries. Where a transaction has a nexus to such a jurisdiction, filing an HRC gives the Financial Intelligence Unit intelligence on cross-border flows that warrant closer attention. Entities should still file a separate STR whenever genuine suspicion arises.
Legal Reference (UAE):
ยท Federal Decree-Law No. 10 of 2025, Article 18 - establishes the duty to report relevant transactions to the FIU via its electronic system.
For more details, consult the full text of Federal Decree-Law No. 10 of 2025 or seek guidance from your AML compliance officer.