The AED 55,000 Threshold: What UAE DNFBPs Need to Know

If you operate in a UAE DNFBP sector, you've likely encountered the AED 55,000 reporting threshold. Here's what it generally means in practice. Transactions at or above this value — whether a bullion sale, a real estate transaction, or another qualifying activity — typically trigger a reporting obligation via the goAML system, most commonly as a Designated Precious Metals & Stones Report (DPMSR) for gold and precious metals dealers, or equivalent reporting for other sectors. Importantly, this threshold does not limit your obligation to report suspicious activity. Any transaction, regardless of value, that raises reasonable suspicion of money laundering or terrorist financing should be escalated as a Suspicious Transaction Report (STR), separate from any threshold-based reporting. As always, confirm the specifics for your business with your MLRO or compliance advisor, since requirements can vary by license type and activity.