Guidance on fictitious and anonymous accounts

9. A Relevant Person should note that, in addition to the prohibition in AML Rule 6.1.6 against establishing anonymous or fictitious accounts or accounts for unknown persons, the Federal AML legislation also prohibits the creation or keeping of records of bank accounts using pseudonyms, fictitious names or numbered accounts, without the account holder's name.
Derived from DFSA RM196/2016 (Made 7th December 2016). [VER13/02-17]
[Amended] DFSA RM231/2018 (Made 6th June 2018) [VER15/07-18]
[Amended] DFSA RM258/2019 (Made 26th June 2019). [VER16/07-19]