EU Removes UAE From High-Risk Money-Laundering List
Brussels acknowledges Emirates’ reforms on financial crime controls
The European Union has removed the United Arab Emirates from its 'grey list' of high-risk third countries for money laundering and terrorist financing.
The decision follows Emirati commitments to strengthen anti-money laundering oversight, bolster financial transparency, and investigate dealings with sanctioned entities such as Russia.
The decision follows Emirati commitments to strengthen anti-money laundering oversight, bolster financial transparency, and investigate dealings with sanctioned entities such as Russia.
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