Designated Non-Financial Businesses and Professions (DNFBPs) shall include any person who carries out one or more of the following commercial or professional activities or businesses: 1. Commercial Gaming Operators, including Commercial Gaming conducted on board vessels or marine craft, when conducting a single financial transaction or several transactions that appear to be linked and whose value equals or exceeds eleven thousand dirhams (AED 11,000). A financial transaction shall not include a transaction that solely involves gaming chips or gaming instruments. 2. Real estate brokers and agents, when concluding transactions or settlements on behalf of their customers in relation to the purchase or sale of real estate. 3. Dealers in valuable metals and precious stones, when carrying out any single cash transaction or several transactions that appear to be linked and whose value equals or exceeds fifty-five thousand dirhams (AED 55,000). 4. Lawyers, notaries, other independent legal professionals, and independent accountants, whether practicing individually, as partners, or as professionals within a firm practicing such profession, when they prepare, conduct, or execute financial transactions on behalf of their customers in relation to the following activities: a. Buying and selling real estate; b. Managing funds owned by the customer ; c. Managing bank accounts, savings accounts, or securities accounts; d. Organizing contributions for the establishment, operation, or management of Companies; e. Establishing, operating, managing legal persons or Legal Arrangements, or selling, or purchasing commercial entities. 5. Company and Trust Service Providers, when carrying out or executing any transaction for the benefit of, or on behalf of, their customers in relation to the following activities: a. Acting as an agent in the incorporation or establishment of Legal Persons; b. Acting, or arranging for another person to act, as a director or secretary of a company, or as a partner or in a similar position in another Legal Person; c. Providing a registered office, business address, place of residence, correspondence address, or administrative address for a company, any legal person, or a Legal Arrangement; d. Acting, or arranging for another person to act, as a Trustee of an express Trust or performing an equivalent function for another form of Legal Arrangement; e. Acting, or arranging for another person to act, as a Nominee Shareholder for another person. 6. Any other businesses or professions may be determined by a resolution issued by the Supervisory Authority, in coordination with the National Committee.
Interpretation and application must be checked against the official text and current version.