# \#dnfbps **URL:** https://www.amlfaqs.com/tag/dnfbps/28.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… --- ## [Do real estate developers have to register on goAML in the UAE?](https://www.amlfaqs.com/t/do-real-estate-developers-have-to-register-on-goaml-in-the-uae/1089)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:43am UTC](https://www.amlfaqs.com/t/do-real-estate-developers-have-to-register-on-goaml-in-the-uae/1089 "2026-09-10T00:43:47Z")
Yes. Real estate developers that carry out or facilitate the purchase and sale of property act as Designated Non-Financial Businesses and Professions under UAE AML law, and registration on the FIU’s goAML portal is manda… --- ## [Do property developers have AML obligations in the UAE?](https://www.amlfaqs.com/t/do-property-developers-have-aml-obligations-in-the-uae/1459)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:43am UTC](https://www.amlfaqs.com/t/do-property-developers-have-aml-obligations-in-the-uae/1459 "2026-09-10T00:43:12Z")
Property developers in the UAE carry AML obligations where they engage in real estate brokerage or agency activity that brings them within the DNFBP framework. When a developer sells freehold units directly to buyers, it… --- ## [Are jewellers considered DNFBPs under UAE AML law?](https://www.amlfaqs.com/t/are-jewellers-considered-dnfbps-under-uae-aml-law/1119)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:33am UTC](https://www.amlfaqs.com/t/are-jewellers-considered-dnfbps-under-uae-aml-law/1119 "2026-09-10T00:33:47Z")
Yes. Jewellers, gold traders, bullion dealers and other businesses that buy or sell precious metals and precious stones fall within the category of dealers in precious metals and stones, which is one of the designated no… --- ## [Are nominee shareholders legal in the UAE and what AML disclosure applies?](https://www.amlfaqs.com/t/are-nominee-shareholders-legal-in-the-uae-and-what-aml-disclosure-applies/1282)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/are-nominee-shareholders-legal-in-the-uae-and-what-aml-disclosure-applies/1282 "2026-09-10T00:32:55Z")
Nominee shareholder arrangements are recognised in the UAE, but they sit under strict transparency and beneficial ownership rules. Acting, or arranging for another to act, as a nominee shareholder is itself a regulated T… --- ## [What are the AML obligations of a trustee under UAE law?](https://www.amlfaqs.com/t/what-are-the-aml-obligations-of-a-trustee-under-uae-law/1296)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-are-the-aml-obligations-of-a-trustee-under-uae-law/1296 "2026-09-10T00:32:49Z")
A trustee of an express trust, or a person holding an equivalent position in another legal arrangement, must obtain and hold adequate, accurate and current information on the identity of the settlor, the trustee, the pro… --- ## [What are the money laundering red flags for law firms in the UAE?](https://www.amlfaqs.com/t/what-are-the-money-laundering-red-flags-for-law-firms-in-the-uae/1294)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-are-the-money-laundering-red-flags-for-law-firms-in-the-uae/1294 "2026-09-10T00:32:25Z")
Red flags are the warning signs that a matter may involve money laundering and should prompt a law firm to ask more questions, apply enhanced due diligence and consider a suspicious transaction report. Recognising them i… --- ## [What happens if a UAE law firm tips off a client about a suspicious transaction report?](https://www.amlfaqs.com/t/what-happens-if-a-uae-law-firm-tips-off-a-client-about-a-suspicious-transaction-report/1287)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-happens-if-a-uae-law-firm-tips-off-a-client-about-a-suspicious-transaction-report/1287 "2026-09-10T00:32:19Z")
Tipping off is prohibited. A law firm and its staff must not disclose to a client or any other person that a Suspicious Transaction Report has been or will be filed, or that an investigation is underway, where doing so c… --- ## [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… --- ## [What AML training must a UAE law firm provide to its staff?](https://www.amlfaqs.com/t/what-aml-training-must-a-uae-law-firm-provide-to-its-staff/1291)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-aml-training-must-a-uae-law-firm-provide-to-its-staff/1291 "2026-09-10T00:32:11Z")
A UAE law firm must develop, implement and document ongoing training programmes for its employees on money laundering, terrorism financing and proliferation financing and the methods of combating them. Training is a core… --- ## [What internal AML policies and controls must a UAE law firm have in place?](https://www.amlfaqs.com/t/what-internal-aml-policies-and-controls-must-a-uae-law-firm-have-in-place/1292)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/what-internal-aml-policies-and-controls-must-a-uae-law-firm-have-in-place/1292 "2026-09-10T00:32:08Z")
A UAE law firm must establish internal policies, controls and procedures, approved by senior management, that enable it to manage and mitigate the money laundering and terrorism financing risks it has identified. These d… --- ## [Are free zone law firms subject to UAE AML law?](https://www.amlfaqs.com/t/are-free-zone-law-firms-subject-to-uae-aml-law/1286)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:32am UTC](https://www.amlfaqs.com/t/are-free-zone-law-firms-subject-to-uae-aml-law/1286 "2026-09-10T00:32:02Z")
Yes. The federal AML framework applies across the UAE, and law firms operating in financial and non-financial free zones are covered when they carry on DNFBP activities. Ministerial Resolution No. 248 of 2025 expressly c… --- ## [Are in-house legal counsel subject to UAE AML obligations?](https://www.amlfaqs.com/t/are-in-house-legal-counsel-subject-to-uae-aml-obligations/1298)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:31am UTC](https://www.amlfaqs.com/t/are-in-house-legal-counsel-subject-to-uae-aml-obligations/1298 "2026-09-10T00:31:59Z")
The DNFBP obligations for legal professionals are framed around independent lawyers, notaries and legal professionals who prepare, conduct or execute specified financial transactions on behalf of their customers. In-hous… --- ## [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… --- ## [Who qualifies as a DNFBP under UAE AML law?](https://www.amlfaqs.com/t/who-qualifies-as-a-dnfbp-under-uae-aml-law/1126)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:06am UTC](https://www.amlfaqs.com/t/who-qualifies-as-a-dnfbp-under-uae-aml-law/1126 "2026-09-10T00:06:48Z")
Designated non-financial businesses and professions (DNFBPs) are non-financial sectors that UAE AML law brings within the regulated perimeter because of their exposure to money laundering and terrorist financing. Under t… --- ## [What are the AML record-keeping requirements for gaming operators in the UAE?](https://www.amlfaqs.com/t/what-are-the-aml-record-keeping-requirements-for-gaming-operators-in-the-uae/800)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 10, 2026, 12:05am UTC](https://www.amlfaqs.com/t/what-are-the-aml-record-keeping-requirements-for-gaming-operators-in-the-uae/800 "2026-09-10T00:05:53Z")
UAE gaming operators, as DNFBPs, are required under Article 19(b) of Federal Decree-Law No. (10) of 2025 to retain all AML-related records for a minimum of five (5) years from the date of the last transaction or the end … --- ## [Can a UAE DPMS or real estate firm be penalised for AML failures?](https://www.amlfaqs.com/t/can-a-uae-dpms-or-real-estate-firm-be-penalised-for-aml-failures/2094)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 5:20pm UTC](https://www.amlfaqs.com/t/can-a-uae-dpms-or-real-estate-firm-be-penalised-for-aml-failures/2094 "2026-09-09T17:20:45Z")
Can a UAE DPMS or real estate firm be penalised for AML failures? --- ## [How does the UAE Ministry of Economy inspect DNFBPs for AML compliance?](https://www.amlfaqs.com/t/how-does-the-uae-ministry-of-economy-inspect-dnfbps-for-aml-compliance/2090)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 5:19pm UTC](https://www.amlfaqs.com/t/how-does-the-uae-ministry-of-economy-inspect-dnfbps-for-aml-compliance/2090 "2026-09-09T17:19:45Z")
How does the UAE Ministry of Economy inspect DNFBPs for AML compliance? --- ## [What are the four core AML obligations for UAE DNFBPs under MOEc Circular 1/2021?](https://www.amlfaqs.com/t/what-are-the-four-core-aml-obligations-for-uae-dnfbps-under-moec-circular-1-2021/2089)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 5:19pm UTC](https://www.amlfaqs.com/t/what-are-the-four-core-aml-obligations-for-uae-dnfbps-under-moec-circular-1-2021/2089 "2026-09-09T17:19:38Z")
What are the four core AML obligations for UAE DNFBPs under MOEc Circular 1/2021? --- ## [What does the UAE NRA mean for a law firm or legal consultancy?](https://www.amlfaqs.com/t/what-does-the-uae-nra-mean-for-a-law-firm-or-legal-consultancy/2019)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:40pm UTC](https://www.amlfaqs.com/t/what-does-the-uae-nra-mean-for-a-law-firm-or-legal-consultancy/2019 "2026-09-09T16:40:26Z")
What does the UAE NRA mean for a law firm or legal consultancy? --- ## [Why does the UAE NRA say DNFBPs are covered by the AML framework at all?](https://www.amlfaqs.com/t/why-does-the-uae-nra-say-dnfbps-are-covered-by-the-aml-framework-at-all/1943)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:24pm UTC](https://www.amlfaqs.com/t/why-does-the-uae-nra-say-dnfbps-are-covered-by-the-aml-framework-at-all/1943 "2026-09-09T16:24:13Z")
Why does the UAE NRA say DNFBPs are covered by the AML framework at all? --- ## [Why does de-risking by banks increase money laundering risk in UAE DNFBP sectors?](https://www.amlfaqs.com/t/why-does-de-risking-by-banks-increase-money-laundering-risk-in-uae-dnfbp-sectors/1942)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:24pm UTC](https://www.amlfaqs.com/t/why-does-de-risking-by-banks-increase-money-laundering-risk-in-uae-dnfbp-sectors/1942 "2026-09-09T16:24:06Z")
Why does de-risking by banks increase money laundering risk in UAE DNFBP sectors? --- ## [What did the UAE NRA recommend for DNFBP supervisory authorities?](https://www.amlfaqs.com/t/what-did-the-uae-nra-recommend-for-dnfbp-supervisory-authorities/1941)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:23pm UTC](https://www.amlfaqs.com/t/what-did-the-uae-nra-recommend-for-dnfbp-supervisory-authorities/1941 "2026-09-09T16:23:58Z")
What did the UAE NRA recommend for DNFBP supervisory authorities? --- ## [Which DNFBP sectors did the UAE NRA flag as most vulnerable to financial crime?](https://www.amlfaqs.com/t/which-dnfbp-sectors-did-the-uae-nra-flag-as-most-vulnerable-to-financial-crime/1927)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:20pm UTC](https://www.amlfaqs.com/t/which-dnfbp-sectors-did-the-uae-nra-flag-as-most-vulnerable-to-financial-crime/1927 "2026-09-09T16:20:29Z")
Which DNFBP sectors did the UAE NRA flag as most vulnerable to financial crime? --- ## [How many DNFBPs are there in the UAE and who supervises them?](https://www.amlfaqs.com/t/how-many-dnfbps-are-there-in-the-uae-and-who-supervises-them/1926)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [September 9, 2026, 4:20pm UTC](https://www.amlfaqs.com/t/how-many-dnfbps-are-there-in-the-uae-and-who-supervises-them/1926 "2026-09-09T16:20:06Z")
How many DNFBPs are there in the UAE and who supervises them? --- ## [Who is required to register on goAML in the UAE real estate sector?](https://www.amlfaqs.com/t/who-is-required-to-register-on-goaml-in-the-uae-real-estate-sector/1639)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 17, 2026, 2:13pm UTC](https://www.amlfaqs.com/t/who-is-required-to-register-on-goaml-in-the-uae-real-estate-sector/1639 "2026-08-17T14:13:08Z")
Who is required to register on goAML in the UAE real estate sector? --- ## [Do free zone real estate companies have to comply with UAE AML rules?](https://www.amlfaqs.com/t/do-free-zone-real-estate-companies-have-to-comply-with-uae-aml-rules/1621)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 16, 2026, 11:05am UTC](https://www.amlfaqs.com/t/do-free-zone-real-estate-companies-have-to-comply-with-uae-aml-rules/1621 "2026-08-16T11:05:17Z")
Do free zone real estate companies have to comply with UAE AML rules? --- ## [Do DNFBPs have to register on the goAML portal in the UAE?](https://www.amlfaqs.com/t/do-dnfbps-have-to-register-on-the-goaml-portal-in-the-uae/1617)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 14, 2026, 3:32pm UTC](https://www.amlfaqs.com/t/do-dnfbps-have-to-register-on-the-goaml-portal-in-the-uae/1617 "2026-08-14T15:32:21Z")
Do DNFBPs have to register on the goAML portal in the UAE? --- ## [How long must a DNFBP keep AML records in the UAE?](https://www.amlfaqs.com/t/how-long-must-a-dnfbp-keep-aml-records-in-the-uae/1613)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 14, 2026, 3:25pm UTC](https://www.amlfaqs.com/t/how-long-must-a-dnfbp-keep-aml-records-in-the-uae/1613 "2026-08-14T15:25:30Z")
How long must a DNFBP keep AML records in the UAE? --- ## [What administrative penalties can a DNFBP face for AML violations in the UAE?](https://www.amlfaqs.com/t/what-administrative-penalties-can-a-dnfbp-face-for-aml-violations-in-the-uae/1611)
**Author:** [@Monika](https://www.amlfaqs.com/u/Monika)\ **Replies:** 1\ **Last updated:** [August 14, 2026, 3:18pm UTC](https://www.amlfaqs.com/t/what-administrative-penalties-can-a-dnfbp-face-for-aml-violations-in-the-uae/1611 "2026-08-14T15:18:58Z")
What administrative penalties can a DNFBP face for AML violations in the UAE? [Next page](https://www.amlfaqs.com/tag/dnfbps/28.md?match_all_tags=true&page=1&tags%5B%5D=dnfbps)