# \#cdd **URL:** https://www.amlfaqs.com/tag/cdd/4.md [Latest](https://www.amlfaqs.com/latest.md) · [Categories](https://www.amlfaqs.com/categories.md) · [Tags](https://www.amlfaqs.com/tags.md) --- ## [What ongoing monitoring must a UAE law firm perform on its clients?](https://www.amlfaqs.com/t/what-ongoing-monitoring-must-a-uae-law-firm-perform-on-its-clients/1299)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:51am UTC](https://www.amlfaqs.com/t/what-ongoing-monitoring-must-a-uae-law-firm-perform-on-its-clients/1299 "2026-09-10T00:51:35Z")
Customer due diligence does not end at onboarding. A law firm must conduct ongoing monitoring of its business relationships so that the transactions and activity it sees remain consistent with what it knows about the cli… --- ## [Must a UAE real estate broker keep records of a transaction that did not complete?](https://www.amlfaqs.com/t/must-a-uae-real-estate-broker-keep-records-of-a-transaction-that-did-not-complete/1254)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:51am UTC](https://www.amlfaqs.com/t/must-a-uae-real-estate-broker-keep-records-of-a-transaction-that-did-not-complete/1254 "2026-09-10T00:51:05Z")
Yes. Record-keeping obligations are not limited to completed sales. A broker should retain the customer due diligence records, correspondence and transaction data relating to attempted or abandoned transactions, particul… --- ## [What should a UAE real estate broker do when customer due diligence on a buyer cannot be completed?](https://www.amlfaqs.com/t/what-should-a-uae-real-estate-broker-do-when-customer-due-diligence-on-a-buyer-cannot-be-completed/1246)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:50am UTC](https://www.amlfaqs.com/t/what-should-a-uae-real-estate-broker-do-when-customer-due-diligence-on-a-buyer-cannot-be-completed/1246 "2026-09-10T00:50:46Z")
If a broker cannot complete customer due diligence, for example because the buyer refuses to provide identity or beneficial-owner information or the documents cannot be verified, the broker must not proceed with the tran… --- ## [What AML obligations apply when a UAE property purchase is funded by a bank mortgage rather than cash?](https://www.amlfaqs.com/t/what-aml-obligations-apply-when-a-uae-property-purchase-is-funded-by-a-bank-mortgage-rather-than-cash/1248)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:43am UTC](https://www.amlfaqs.com/t/what-aml-obligations-apply-when-a-uae-property-purchase-is-funded-by-a-bank-mortgage-rather-than-cash/1248 "2026-09-10T00:43:00Z")
A mortgage-financed purchase does not remove a broker’s AML obligations. Even though the bank conducts its own due diligence on the borrower, the broker is a separately regulated party and must still perform customer due… --- ## [Are third-party payments for property purchases a red flag in the UAE?](https://www.amlfaqs.com/t/are-third-party-payments-for-property-purchases-a-red-flag-in-the-uae/1103)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:42am UTC](https://www.amlfaqs.com/t/are-third-party-payments-for-property-purchases-a-red-flag-in-the-uae/1103 "2026-09-10T00:42:36Z")
Yes. A payment made by someone other than the named buyer is one of the classic red flags in real estate money laundering and should always prompt further enquiry. UAE guidance and the FIU’s real estate typologies highli… --- ## [What documents must a precious metals dealer collect for a transaction of AED 55,000 or more?](https://www.amlfaqs.com/t/what-documents-must-a-precious-metals-dealer-collect-for-a-transaction-of-aed-55-000-or-more/1120)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:34am UTC](https://www.amlfaqs.com/t/what-documents-must-a-precious-metals-dealer-collect-for-a-transaction-of-aed-55-000-or-more/1120 "2026-09-10T00:34:11Z")
For a qualifying transaction of AED 55,000 or more, a dealer must identify and verify the customer before or while the dealing is carried out. For a resident individual this means a valid Emirates ID, and for a non-resid… --- ## [What should a UAE law firm do if it cannot complete customer due diligence?](https://www.amlfaqs.com/t/what-should-a-uae-law-firm-do-if-it-cannot-complete-customer-due-diligence/1297)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-should-a-uae-law-firm-do-if-it-cannot-complete-customer-due-diligence/1297 "2026-09-10T00:32:17Z")
If a law firm is unable to complete customer due diligence, it must not open the account, establish the business relationship or carry out the transaction, and where a relationship already exists it should consider termi… --- ## [Can a UAE real estate broker rely on a third party to complete customer due diligence?](https://www.amlfaqs.com/t/can-a-uae-real-estate-broker-rely-on-a-third-party-to-complete-customer-due-diligence/1245)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:25am UTC](https://www.amlfaqs.com/t/can-a-uae-real-estate-broker-rely-on-a-third-party-to-complete-customer-due-diligence/1245 "2026-09-10T00:25:14Z")
A real estate broker may, in limited circumstances, rely on a qualifying third party such as a bank or another regulated entity to introduce a customer and perform elements of customer due diligence. Reliance is only per… --- ## [What ongoing monitoring must a UAE real estate broker perform on an existing customer relationship?](https://www.amlfaqs.com/t/what-ongoing-monitoring-must-a-uae-real-estate-broker-perform-on-an-existing-customer-relationship/1258)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:25am UTC](https://www.amlfaqs.com/t/what-ongoing-monitoring-must-a-uae-real-estate-broker-perform-on-an-existing-customer-relationship/1258 "2026-09-10T00:25:11Z")
Customer due diligence is not a one-off exercise at onboarding. The Federal Decree-Law requires obliged entities to implement CDD and continuous monitoring procedures throughout the business relationship. For a real esta… --- ## [What record must a UAE real estate broker keep of the customer due diligence it performs?](https://www.amlfaqs.com/t/what-record-must-a-uae-real-estate-broker-keep-of-the-customer-due-diligence-it-performs/1255)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:24am UTC](https://www.amlfaqs.com/t/what-record-must-a-uae-real-estate-broker-keep-of-the-customer-due-diligence-it-performs/1255 "2026-09-10T00:24:38Z")
A broker must keep a full and retrievable record of the customer due diligence it carries out. That includes copies of the identity documents obtained, the Emirates ID or passport of natural persons, and for legal person… --- ## [How do you verify source of funds in a UAE real estate transaction?](https://www.amlfaqs.com/t/how-do-you-verify-source-of-funds-in-a-uae-real-estate-transaction/1464)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:23am UTC](https://www.amlfaqs.com/t/how-do-you-verify-source-of-funds-in-a-uae-real-estate-transaction/1464 "2026-09-10T00:23:56Z")
Verifying the source of funds in a UAE real estate transaction means establishing where the money used to buy the property actually came from and confirming it with reliable evidence. It is a central part of due diligenc… --- ## [Must a UAE real estate broker verify the identity of all shareholders of a corporate buyer, not just the beneficial owner?](https://www.amlfaqs.com/t/must-a-uae-real-estate-broker-verify-the-identity-of-all-shareholders-of-a-corporate-buyer-not-just-the-beneficial-owner/1241)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:23am UTC](https://www.amlfaqs.com/t/must-a-uae-real-estate-broker-verify-the-identity-of-all-shareholders-of-a-corporate-buyer-not-just-the-beneficial-owner/1241 "2026-09-10T00:23:50Z")
Yes. Where the buyer or seller is a legal person, Ministry of Economy Circular 5/2022 requires the broker to obtain and record the trade licence, the articles of association, the register of beneficial owners, and a vali… --- ## [What identification documents must a real estate agent collect from a corporate property buyer in the UAE?](https://www.amlfaqs.com/t/what-identification-documents-must-a-real-estate-agent-collect-from-a-corporate-property-buyer-in-the-uae/1093)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:23am UTC](https://www.amlfaqs.com/t/what-identification-documents-must-a-real-estate-agent-collect-from-a-corporate-property-buyer-in-the-uae/1093 "2026-09-10T00:23:44Z")
When the buyer or seller is a legal person, a real estate agent must look through the company to the individuals who own and control it. The Ministry of Economy’s Circular 5 of 2022 sets out the documents required for co… --- ## [Can a UAE real estate broker defer verifying a buyer's identity until after the transaction?](https://www.amlfaqs.com/t/can-a-uae-real-estate-broker-defer-verifying-a-buyers-identity-until-after-the-transaction/1247)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:23am UTC](https://www.amlfaqs.com/t/can-a-uae-real-estate-broker-defer-verifying-a-buyers-identity-until-after-the-transaction/1247 "2026-09-10T00:23:42Z")
As a rule, a real estate broker must verify the identity of the customer and any beneficial owner before or during the establishment of the business relationship and before concluding the transaction. The default positio… --- ## [Are real estate brokers required to conduct customer due diligence before completing a property sale in the UAE?](https://www.amlfaqs.com/t/are-real-estate-brokers-required-to-conduct-customer-due-diligence-before-completing-a-property-sale-in-the-uae/1098)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:23am UTC](https://www.amlfaqs.com/t/are-real-estate-brokers-required-to-conduct-customer-due-diligence-before-completing-a-property-sale-in-the-uae/1098 "2026-09-10T00:23:39Z")
Yes. Customer due diligence is a core obligation for real estate brokers as DNFBPs, and it must be carried out before or during the establishment of the business relationship, not after the deal has closed. UAE AML law r… --- ## [What ongoing transaction monitoring must DNFBPs carry out in the UAE?](https://www.amlfaqs.com/t/what-ongoing-transaction-monitoring-must-dnfbps-carry-out-in-the-uae/1135)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:07am UTC](https://www.amlfaqs.com/t/what-ongoing-transaction-monitoring-must-dnfbps-carry-out-in-the-uae/1135 "2026-09-10T00:07:18Z")
Ongoing monitoring means that a DNFBP does not treat due diligence as a one-off task at onboarding but keeps the business relationship under continuous review. The entity must scrutinise transactions carried out during t… --- ## [What is the AED 55,000 threshold for customer due diligence in the UAE?](https://www.amlfaqs.com/t/what-is-the-aed-55-000-threshold-for-customer-due-diligence-in-the-uae/1227)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:06am UTC](https://www.amlfaqs.com/t/what-is-the-aed-55-000-threshold-for-customer-due-diligence-in-the-uae/1227 "2026-09-10T00:06:17Z")
The AED 55,000 figure is one of the thresholds that triggers customer due diligence on an occasional customer, meaning a customer with whom the business has no ongoing relationship. When a financial institution carries o… --- ## [Is a client using a power of attorney a red flag in UAE real estate?](https://www.amlfaqs.com/t/is-a-client-using-a-power-of-attorney-a-red-flag-in-uae-real-estate/2155)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 5:36pm UTC](https://www.amlfaqs.com/t/is-a-client-using-a-power-of-attorney-a-red-flag-in-uae-real-estate/2155 "2026-09-09T17:36:33Z")
Is a client using a power of attorney a red flag in UAE real estate? --- ## [What product and channel risks does the UAE NRA highlight?](https://www.amlfaqs.com/t/what-product-and-channel-risks-does-the-uae-nra-highlight/2022)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:42pm UTC](https://www.amlfaqs.com/t/what-product-and-channel-risks-does-the-uae-nra-highlight/2022 "2026-09-09T16:42:08Z")
What product and channel risks does the UAE NRA highlight? --- ## [How long must businesses retain AML records in the UAE?](https://www.amlfaqs.com/t/how-long-must-businesses-retain-aml-records-in-the-uae/1672)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 20, 2026, 12:01pm UTC](https://www.amlfaqs.com/t/how-long-must-businesses-retain-aml-records-in-the-uae/1672 "2026-08-20T12:01:08Z")
How long must businesses retain AML records in the UAE? --- ## [At what transaction amount is customer due diligence required in the UAE?](https://www.amlfaqs.com/t/at-what-transaction-amount-is-customer-due-diligence-required-in-the-uae/1671)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 20, 2026, 7:15am UTC](https://www.amlfaqs.com/t/at-what-transaction-amount-is-customer-due-diligence-required-in-the-uae/1671 "2026-08-20T07:15:32Z")
At what transaction amount is customer due diligence required in the UAE? --- ## [What is the wire transfer threshold that triggers customer due diligence in the UAE?](https://www.amlfaqs.com/t/what-is-the-wire-transfer-threshold-that-triggers-customer-due-diligence-in-the-uae/1670)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 20, 2026, 6:54am UTC](https://www.amlfaqs.com/t/what-is-the-wire-transfer-threshold-that-triggers-customer-due-diligence-in-the-uae/1670 "2026-08-20T06:54:11Z")
What is the wire transfer threshold that triggers customer due diligence in the UAE? --- ## [What is the 25% threshold for identifying a beneficial owner in the UAE?](https://www.amlfaqs.com/t/what-is-the-25-threshold-for-identifying-a-beneficial-owner-in-the-uae/1668)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 20, 2026, 6:48am UTC](https://www.amlfaqs.com/t/what-is-the-25-threshold-for-identifying-a-beneficial-owner-in-the-uae/1668 "2026-08-20T06:48:30Z")
What is the 25% threshold for identifying a beneficial owner in the UAE? --- ## [At what transaction amount must UAE businesses apply customer due diligence?](https://www.amlfaqs.com/t/at-what-transaction-amount-must-uae-businesses-apply-customer-due-diligence/1652)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 17, 2026, 4:20pm UTC](https://www.amlfaqs.com/t/at-what-transaction-amount-must-uae-businesses-apply-customer-due-diligence/1652 "2026-08-17T16:20:09Z")
At what transaction amount must UAE businesses apply customer due diligence? --- ## [What customer due diligence must UAE real estate brokers perform?](https://www.amlfaqs.com/t/what-customer-due-diligence-must-uae-real-estate-brokers-perform/1634)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 2\ **Last updated:** [August 16, 2026, 12:20pm UTC](https://www.amlfaqs.com/t/what-customer-due-diligence-must-uae-real-estate-brokers-perform/1634 "2026-08-16T12:20:10Z")
What customer due diligence must UAE real estate brokers perform? --- ## [What documents must a real estate broker collect when the buyer is a legal person?](https://www.amlfaqs.com/t/what-documents-must-a-real-estate-broker-collect-when-the-buyer-is-a-legal-person/1633)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 16, 2026, 12:05pm UTC](https://www.amlfaqs.com/t/what-documents-must-a-real-estate-broker-collect-when-the-buyer-is-a-legal-person/1633 "2026-08-16T12:05:26Z")
What documents must a real estate broker collect when the buyer is a legal person? --- ## [How do real estate brokers identify the ultimate beneficial owner of a corporate buyer?](https://www.amlfaqs.com/t/how-do-real-estate-brokers-identify-the-ultimate-beneficial-owner-of-a-corporate-buyer/1631)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 16, 2026, 11:58am UTC](https://www.amlfaqs.com/t/how-do-real-estate-brokers-identify-the-ultimate-beneficial-owner-of-a-corporate-buyer/1631 "2026-08-16T11:58:35Z")
How do real estate brokers identify the ultimate beneficial owner of a corporate buyer? --- ## [Are off-plan property sales subject to AML rules in the UAE?](https://www.amlfaqs.com/t/are-off-plan-property-sales-subject-to-aml-rules-in-the-uae/1629)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 16, 2026, 11:40am UTC](https://www.amlfaqs.com/t/are-off-plan-property-sales-subject-to-aml-rules-in-the-uae/1629 "2026-08-16T11:40:05Z")
Are off-plan property sales subject to AML rules in the UAE? --- ## [Is enhanced due diligence required for politically exposed persons buying property in the UAE?](https://www.amlfaqs.com/t/is-enhanced-due-diligence-required-for-politically-exposed-persons-buying-property-in-the-uae/1626)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 16, 2026, 11:24am UTC](https://www.amlfaqs.com/t/is-enhanced-due-diligence-required-for-politically-exposed-persons-buying-property-in-the-uae/1626 "2026-08-16T11:24:59Z")
Is enhanced due diligence required for politically exposed persons buying property in the UAE? --- ## [When must a DNFBP carry out customer due diligence in the UAE?](https://www.amlfaqs.com/t/when-must-a-dnfbp-carry-out-customer-due-diligence-in-the-uae/1607)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 14, 2026, 2:56pm UTC](https://www.amlfaqs.com/t/when-must-a-dnfbp-carry-out-customer-due-diligence-in-the-uae/1607 "2026-08-14T14:56:14Z")
When must a DNFBP carry out customer due diligence in the UAE? [Next page](https://www.amlfaqs.com/tag/cdd/4.md?match_all_tags=true&page=1&tags%5B%5D=cdd)