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EXCLUSIVE: UAE to be removed from FATF ‘grey list’ within days

PROGRESS: The UAE's foreign minister Abdullah bin Zayed Al Nahyan who chaired the country's 19th meeting of the Higher Committee Overseeing the National Strategy on AML/CFT earlier reported how the country had made "significant progress" in efforts to be removed from FATF's "greylist."

By ALISHA HOULIHAN for AML Intelligence

THE UAE will come off the Financial Action Task Force (FATF) so-called “grey list” next month, AML Intelligence has learned.

The United Arab Emirates has been deemed to have taken as much remedial action as necessitated to be removed from the watchlist.

Sources at the FATF headquarters told AML Intelligence that the confirmation of the move would be made in February.

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