The UAE is combatting money laundering in the country and has taken major steps towards financial transparency
Financial Action Task Force (FATF)
Latest in Financial Action Task Force (FATF)
Financial Action Task Force (FATF)
UAE climbs global rankings in fight against financial crime
The UAE has enacted legal measures and regulations to enhance its framework, aiming to establish a sustainable national system to combat illicit financial activities
anti-money laundering
Explainer: UAE tightens anti-money laundering laws, forms new committees to fight financial crime
Here’s everything you need to know about the changes to the UAE’s AML laws and new committees
FATF
Why coming off the FATF grey list means stronger trade for the UAE
The removal opens doors to new opportunities and increased investor confidence
AML / CFT
Why the UAE is leading the way as the first Gulf country to be removed from the FATF grey list
This decision – which followed the UAE’s completion of 15 FATF recommendations – is a testament to the UAE’s unwavering commitment to anti-money laundering and combating the financing of terrorism
Abu Dhabi buses
UAE holidays announced; Most luxurious airports revealed; Dubai real estate trends; Qatar expands tram service – 10 things you missed this week
Plan your UAE holidays now, Dubai airport named ‘most luxurious in the world’, real estate trend analysis and more of the biggest stories this week
anti-money laundering
Bolstering a thriving economy: UAE’s exit from FATF grey list
It’s not a surprise that the UAE is off the grey list, but it does serve to elevate the nation’s global financial standing
anti money laundering
Relief for UAE businesses as FATF grey list exit smooths trade flows, boosts foreign investment outlook
Experts from across industries hail the move as a major boost for the UAE’s financial reputation and economic prospects for the region
assets under management
UAE among most ‘credible and solid’ international wealth hubs, says HSBC boss
The UAE is growing as a wealth management hub according to HSBC global wealth chief Nuno Matos, but some entrepreneurs worry their family lacks skills, passion, and work ethic to inherit the business
anti-money laundering
UAE grey list removal is a testament to the nation’s continued resolve to combat financial crime
The next step in the UAE’s continuous efforts will come later this year when the new National Strategy and Plan for 2024-27 is launched
Abu Dhabi
UAE exits FATF grey list: Dubai real estate to ‘benefit most’, say experts
The UAE’s removal from the FATF’s financial crime watchlist is expected to spur economic growth, particularly in the Dubai real estate sector, attracting increased foreign direct investment and institutional funds, according to experts
anti money laundering
UAE removed from the FATF grey list: What this means for businesses
This significant milestone is just reward for the rigorous efforts and comprehensive reforms the UAE has made towards aligning its anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks with international standards
anti money laundering
UAE praised for anti-money laundering efforts after completing 15-point FATF action plan and being removed from ‘grey list’
UAE completed all 15 recommendations set out by the Financial Action Task Force
anti-money laundering
A new dawn for real estate as UAE prepares to exit FATF Grey List
Dubai’s real estate market could reap a bigger boom
anti-money laundering
UAE shuts 50 companies in Q3 2023 for failure to register for anti-money laundering
The FIU examines these transactions and activities to detect and prevent financial crimes that could undermine the UAE’s regulatory efforts
anti-financial crime
Everything you need to know about the UAE’s new anti-money laundering guidelines
The UAE has increasingly tightened measures against anti-money laundering and financial crimes including efforts to arrest the Gupta brothers
.jpg)
anti-money laundering
Regulatory framework to address money laundering risks across virtual assets to be issued soon: SCA
The Securities and Commodities Authority is the sole authority in the UAE mainland – with the exception of the financial free zones, ADGM and DIFC – for licencing, supervising, and overseeing the virtual assets activities and services issued for investment purposes