Under the UAE’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) laws, all Financial Institutions (FIs) and Designated Non-Financial Businesses & Professions (DNFBPs) must report suspicious transactions to the Financial Intelligence Unit (FIU) via the GoAML portal.
Filing an STR isn’t just best practice—it’s a legal obligation.
A Suspicious Transaction Report (STR) must be submitted whenever a transaction, attempted transaction, or client activity seems unusual or suspicious, including:
Suspected money laundering or terrorist financing.
Transactions inconsistent with a customer’s profile or business.
Structuring of transactions to avoid reporting thresholds.
Dealings with high-risk jurisdictions or Politically Exposed/Influential Persons (PEPs/PIPs).
Train MLROs and staff to recognize red flags per FATF recommendations and UAE AML rules.
Log into the GoAML portal.
Complete entity, customer, and transaction details, plus reasons for suspicion.
Upload evidence, submit electronically, and obtain acknowledgment from the FIU.
Keep internal logs of filed STRs.
Monitor FIU feedback and follow-up requests.
Filing STRs correctly is critical—errors or delays can lead to severe fines, reputational harm, or license suspension.
Get your entity registered and appoint a qualified MLRO.
Analyze suspicious transactions and prepare regulator-ready STRs.
Guide or file STRs directly on your behalf via GoAML.
Practical workshops on identifying red flags, KYC/KYB compliance, and escalation procedures.
Policy drafting, risk assessments, PEP/PIP screening, ongoing STR/SAR monitoring.
✔ Strong expertise in UAE AML/CFT regulations
✔ Customized solutions for FIs & DNFBPs
✔ Close coordination with banks, regulators, and FIU
✔ Assurance that your AML framework meets PDPL, FATF, and Central Bank UAE requirements
An STR (Suspicious Transaction Report) is a mandatory report filed with the UAE Financial Intelligence Unit (FIU) via the GoAML portal whenever a transaction or activity is suspected to involve money laundering, terrorist financing, or other unusual behavior.
The Money Laundering Reporting Officer (MLRO) is responsible for preparing and submitting STRs on behalf of the business. However, all employees must be trained to identify and escalate suspicious activity internally.
Failure to file STRs—or delays in reporting—can result in significant fines, reputational damage, account restrictions, and even suspension of business licenses.
We help businesses with GoAML setup, MLRO appointment, STR identification, preparation, and submission, while also training staff to recognize suspicious activity—ensuring full compliance with UAE AML regulations.v
Contact our team of financial experts for personalized assistance and support.
