At the end of the 3-day meeting in Paris, the FATF (UAE) was removed from the \’grey list\’ of the Financial Action Task Force (FATF). According to foreign media, the UAE is an important Removed from gray list after reform progress.
According to the report, the United Arab Emirates was put on the gray list of FATF in 2022.
The report states that the decision to remove the UAE from the gray list was made after a comprehensive review. The UAE has taken measures to prevent the financing of terrorists and the proliferation of weapons. According to media reports, the UAE has made strict laws to prevent money laundering.
According to the report, the United Arab Emirates has established an institution for the prevention of money laundering and counter-terrorism, in addition to this, the Emirati authorities have set new regulations to prevent financial crimes.
