The UAE ML/TF Risk Assessment 2024 dropped last week and it’s a very big improvement on those prior NRA extracts reported in 2019 and 2021. The UAE has been through a lot during this period, including being added and then removed from FATF’s Grey List. FCN has reported on the journey the UAE has been on including reporting on improvements made, which suggest where genuine political commitment to make improvements in combatting financial crime and money laundering are real a lot can be ach...
