Opinions on exit strategy

Gentlemen,

I need your perspective on a strategy - as I am unsure of the reporting implications that this might have in the future.
I have a EU passport. But have moved out of my home country and based myself in UAE. Have a small consultancy company setup there, bank accounts and so on. This is where I am tax liable.

I am looking for a way to exit my crypto portfolio, without leaving any reporting to my home country - for reasons you might be able to deduce.

Through this forum I have come in contact with a OTC desk in EU that am willing to onboard me with my Emirates ID and get my an account with them. According to the CRS scheme - UAE will then be where they will be reporting to?
So basically my strategy is to go via them - and send the funds on to my UAE account. Pretty simple. And should not cause issues in UAE as the transaction is a 1st party transaction.

Can anyone see any pitfalls here?

Sols said:

The OTC desk is probably not in scope for CRS, unless they are also an EMI, bank, or other reportable financial entity. If they are, reporting would normally be to only the UAE since you are tax resident there.

Based on the flow you describe, there would be no ordinary risk of reporting to your EU home country.

Great!

Sols said:

Is the OTC desk providing you with a bank account in your name that can send transactions via SWIFT to UAE or domestically within UAE?

If they do, that's great.

They provide me with an account in my name from which I can do regular SWIFT transfers - hence the transactions being 1st party from me to UAE. This is key, as this will cause a lot less questions. And in case of them asking for SOF, well then I do have a receipt from the selling that occurred prior.