Under the AML/CFT legal and regulatory framework of the UAE, all reporting entities are obliged to promptly report to the Financial Intelligence Unit (FIU) suspicious transactions and any additional information required in relation to them, when there are suspicions, or reasonable grounds to suspect, that the proceeds are related to a crime, or to the attempt or intention to use funds or proceeds for the purpose of committing, concealing or benefitting from a crime.
According to the UAEFIU Annual Report of 2021 the UAEFIU communicated the use and mandate following types of goAML report type to all reporting entities via notices or circulars sent through the goAML Message Board.
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Type
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Report Name
|
Description
|
|---|---|---|
|
STR
|
Suspicious Transaction Report
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Suspicious transaction with details of bank accounts/statements
|
|
SAR
|
Suspicious Activity Report
|
Suspicious activities without the bank account/statement details
|
|
FFR
|
Fund Freeze Report
|
Full name match to targeted financial sanctions lists
|
|
PNMR
|
Partial Name Match Report
|
-PNMR Partial Name Match Report Partial name match to targeted financial Sanctions Lists
|
|
HRC
|
High Risk Country Transaction Report
|
For transactions and activities related to FATF High Risk Jurisdictions / Countries
|
|
HRCA
|
High Risk Country Activity Report
|
For transactions and activities related to FATF High Risk Jurisdictions / Countries
|
|
REAR
|
Real Estate Activity Report
|
Reporting by Lawyers and Real Estate Agents /brokers, of purchase and sell of Freehold real estate above specified amount involving cash or virtual asset
|
