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

AML, Compliance, Financial Crime, Financial Services, MEA, Middle East, UAE

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.

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!