Introduction As the UAE intensifies its fight against financial crimes and money laundering, compliance is no longer optional—it’s an operational and legal necessity. The UAE Ministry of Economy (MOE), in line with Federal Decree Law No. (20) of 2018 and Cabinet Decision No. (10) of 2019, has made it mandatory for DNFBPs (Designated Non-Financial Businesses
To strengthen its AML/CFT (Anti-Money Laundering and Combating the Financing of Terrorism) framework, the UAE has introduced sector-specific reporting obligations for the real estate industry. One of the most critical requirements for real estate brokers, developers, and agents is filing the Real Estate Activity Report (REAR) via the goAML platform. The REAR filing obligation aims
The Future of AML Compliance in the UAE Stricter Regulations & Increased Enforcement UAE authorities, including the Ministry of Economy (MoE), Central Bank, and Financial Intelligence Unit (FIU), are tightening AML compliance. Businesses can expect more audits, heavier fines, and stricter enforcement of FATF guidelines. AI-Driven AML Solutions & Digital Transformation Adoption of AI-powered transaction
