🇦🇪UAE

غرامات الامتثال لتراخيص VASPs غير المرخصة

2 verified sources

Definition

Article 32 of the UAE's 2025 AML Law criminalizes unlicensed VASP activity. Crypto exchanges, wallet providers, and DeFi platforms must obtain licenses and implement bank-grade AML controls. Firms without unified compliance systems face audit failures and license revocation risks.

Key Findings

  • Financial Impact: AED 10,000,000 (maximum statutory fine per unlicensed VASP violation); Plus imprisonment penalties for officers
  • Frequency: Per violation occurrence; Enhanced inspection frequency in 2025 by UAE Executive Office for AML/CFT
  • Root Cause: Fragmented compliance systems, manual license status tracking, delayed VASP registration processes

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Blockchain Services.

Affected Stakeholders

Compliance Officer, Legal/Regulatory Affairs, Risk Management, C-Suite (personal liability)

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

تأخير التحقق من هوية العميل وتأخر الإيرادات

15-25 business days per customer (estimated at AED 2,000-5,000 revenue impact per delayed onboarding); Annual impact for 50-100 customer acquisitions: AED 100,000-500,000 revenue delay

فقدان الإنتاجية بسبب الفحص اليدوي للمعاملات والعملاء

20-40 hours/month per FTE (estimated AED 500-1,000/hour fully-loaded cost = AED 10,000-40,000/month per analyst); For 2-3 analysts: AED 20,000-120,000/month (AED 240,000-1,440,000 annually)

فشل الامتثال والتدقيق وإعادة العمل والغرامات التنظيمية

Inspection rework costs: AED 30,000-100,000 (staff retraining, remediation, re-documentation); Regulatory fines for audit failures: AED 50,000-500,000+ (estimated based on enforcement trends)

خسارة العملاء بسبب أوقات التحقق البطيئة والاحتكاك في الامتثال

Lost customer revenue: 10-20% of potential monthly customer base (estimated at AED 100,000-500,000/month lost for mid-sized VASPs); Annual churn impact: AED 1,200,000-6,000,000

غرامات العمليات غير المرخصة - الأصول الرقمية

Up to 1,000,000,000 AED ($272,000,000 USD) per violation; estimated compliance setup costs: 500,000-2,000,000 AED for licensing infrastructure, cybersecurity, and AML/CFT systems

خسارة الإيرادات - عدم الامتثال لمتطلبات رموز الدفع

Estimated 2-5% annual revenue leakage for non-compliant wallet providers; lost merchant customer acquisition (typical merchant wallet: 50,000-200,000 AED annual transaction volume); missed VAT exemption benefit: 2,500-10,000 AED annually per active wallet

Request Deep Analysis

🇦🇪 Be first to access this market's intelligence