Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Financial Crime, MEA, Regulatory

DEADLINE: Decision on UAE ‘grey listing’ to be announced March 4 as Emirates steps up campaign to avoid likelihood of joining FATF watchlist


THE DECISION on whether the UAE is added to FATF’s ‘grey list’ will likely be announced on March 4 next, it was revealed today.

As the federation of Gulf States stepped up its campaign to avert likely joining the FATF watchlist, a UAE foreign minister has spoken about the state of play.

However, a key player will be the United States and whether it is satisfied with the response from Dubai. The US was a key player in having Malta placed on the ‘grey list’ last year.

While the UAE has made steady strides to improve its AML regime, Dubai continues to attract foreign criminal gangs such as the Kinahan cartel.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!