The Abu Dhabi rules only apply to VASPs with AZ set as their Division or jurisdiction set as AE-AZ.
ADGM Travel Rule requirements are set forth in the Anti-Money Laundering and Sanctions Rules and Guidance (AML) (VER09.211223) ("ADGM Regulations").
CBUAE Travel Rule requirements are set forth in the The United Arab Emirates’ Virtual Assets Travel Rule ("CBUAE Regulations").
Threshold
Amount | Currency | Source |
N/A | N/A | N/A |
In Guidance note 4 under section 10.3 of the ADGM Regulations, it is clarified that "no de minimis threshold is applied to the size of a relevant wire transfer".
Article 1, paragraphs 10 and 11 of the CBUAE Regulations establish a threshold of AED 3,500 for the obligation to verify information. However, no corresponding threshold is specified for information transmission, so transmission is required regardless of the transaction amount.
Required Originator and Beneficiary information vs Notabene system
Party to the TX | Required information (*) | IVMS field | Required? (**) |
Originator | Name |
| Yes |
Originator | Designation or number of the account / Wallet or account number |
| Yes |
Originator | Address |
| OR |
Originator | Number of valid official ID / National identity number or travel document number |
| OR |
Originator | Customer number |
| OR |
Originator | Date and place of birth |
| OR |
Beneficiary | Name |
| Yes |
Beneficiary | Designation or number of the account / Wallet or account number |
| Yes |
(*) Section 10.3.2 (3) of the ADGM Regulations and Article 1, paragraph 2 of the CBUAE Regulations.
(**) YES = Required ; OR = Alternative fields