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Financial Declaration Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Financial Declaration Form

"I need a Financial Declaration Form for a UAE investment bank application, focusing on international assets and cryptocurrency holdings, with comprehensive sections on foreign income sources and digital assets to be submitted by March 2025."

Document background
The Financial Declaration Form is a mandatory document used in the United Arab Emirates for various financial and regulatory purposes. It has been developed in accordance with UAE federal laws, particularly Federal Decree-Law No. 20 of 2018 and UAE Central Bank regulations, to ensure transparency in financial dealings and compliance with anti-money laundering requirements. This form is typically required when opening bank accounts, applying for significant financial services, during regulatory investigations, or as part of due diligence processes. It requires declarants to provide comprehensive information about their financial position, including all assets, liabilities, income sources, and financial interests both within the UAE and internationally. The document plays a crucial role in maintaining financial transparency and regulatory compliance in the UAE's financial sector.
Suggested Sections

1. Personal Information: Basic identification details including full legal name, Emirates ID number, passport details, and contact information

2. Employment Details: Current employment status, employer information, position, and length of employment

3. Income Declaration: Detailed breakdown of all sources of income including salary, investments, rental income, and other revenue streams

4. Asset Declaration: List of all significant assets including real estate, vehicles, investments, and bank accounts

5. Liabilities Declaration: Details of all outstanding debts, loans, mortgages, and other financial obligations

6. Bank Account Information: Details of all bank accounts held locally and internationally

7. Declaration of Financial Interests: Information about business ownership, shareholdings, and other financial interests

8. Certification: Statement of truth and accuracy of the provided information, with space for signature and date

Optional Sections

1. Foreign Income Sources: Section for declaring income from foreign sources - required if the declarant has any overseas income

2. Property Portfolio: Detailed section for those with multiple real estate holdings

3. Business Ownership Details: In-depth section for those who own or have significant shares in businesses

4. Trust Beneficiary Information: Section for declaring any trust arrangements where the declarant is a beneficiary

5. Cryptocurrency Holdings: Section for declaring cryptocurrency and digital asset holdings

6. Joint Assets Declaration: Section for declaring assets held jointly with other parties

7. Power of Attorney Declarations: Section for declaring any financial powers of attorney held or granted

Suggested Schedules

1. Schedule A - Asset Details: Detailed listing format for physical and financial assets with valuation information

2. Schedule B - Income Sources: Detailed breakdown format for all income sources with supporting documentation requirements

3. Schedule C - Liability Details: Detailed format for listing all liabilities with payment schedules

4. Schedule D - Bank Account Listings: Standardized format for listing all bank accounts with account numbers and banks

5. Appendix 1 - Required Documentation Checklist: List of all supporting documents required to verify the declarations

6. Appendix 2 - Declaration Guidelines: Guidance notes on how to complete each section of the form correctly

7. Appendix 3 - Legal Declarations: Standard legal declarations and warnings regarding false declarations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions































Clauses
























Relevant Industries

Banking

Financial Services

Insurance

Real Estate

Investment Management

Corporate Services

Legal Services

Accounting

Wealth Management

Government and Public Sector

Trading and Import/Export

Consulting Services

Healthcare

Education

Relevant Teams

Legal

Compliance

Risk Management

Finance

Corporate Services

Regulatory Affairs

Operations

Customer Relations

Credit Administration

Due Diligence

Audit

Wealth Management

Relevant Roles

Compliance Officer

Risk Manager

Legal Counsel

Financial Controller

Chief Financial Officer

Account Manager

Relationship Manager

Credit Officer

Due Diligence Specialist

Anti-Money Laundering Officer

Regulatory Affairs Manager

Banking Operations Manager

Financial Advisor

Wealth Manager

Corporate Secretary

Audit Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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