Penalties under the new AML law
What penalties apply if my firm does not follow AML rules?
The situation
The 2025 AML law sets administrative fines for breaches, reported to range from AED 10,000 to AED 5 million, plus criminal penalties for serious breaches like failing to report.
The law
- Federal Decree-Law 10 of 2025: Administrative and criminal penalties
What it means for you
Supervisors also suspend activity, as MoET did with 50 firms that had not registered on goAML. Example: a brokerage without goAML registration risks suspension and fines larger than any setup cost. Compliance is cheaper than enforcement.
What to do
- Register on goAML.
- Keep your programme current.
- Train staff yearly.
- Fix inspection findings quickly.
We can do this for youAML for DNFBPs: goAML registration, compliance officer, risk assessment, customer checks and reporting: AED 3,500