Operating an eligible business in the UAE without an active, verified goAML registration is a direct violation of Federal Decree-Law No. (20) of 2018. The FIU and supervisory bodies enforce strict registration mandates across financial institutions and DNFBPs.
Penalty Risk: Operating without verified goAML access exposes your entity to administrative fines starting from AED 50,000 up to AED 5,000,000, immediate operational suspension, and potential commercial license revocation.