Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

UAE grey-listed for money laundering and terrorist funding

  • By Al Mayadeen net
  • Source: Agencies
  • 5 Mar 2022 14:17
  • 2 Shares
2 Min Read

The UAE was recently placed on the French-based Financial Action Task Force's grey list of countries to be put under increased scrutiny.

  • x
  • USE promises
    UAE promises a "robust" response for money laundering and terrorist funding.

The UAE has been dealt an unexpected blow to its reputation by the international Financial Times watchdog Financial Action Task Force (FATF).

The UAE, and particularly Dubai, has long been known for the ease with which enormous quantities of money may be moved in and out of the country, as well as lax oversight in areas such as real estate transactions.

The Emirates were included with 22 other nations on a grey list and will be subjected to "increased monitoring".

Related News

Syria's al-Sharaa: Security deal with 'Israel' is a necessity

Israeli forces forcibly displacing residents of southern Syria: HRW

Although their inclusion on the list may not stop foreign financial institutions from setting up branches in the country, it could raise costs for local banks and international lenders could be faced with complicated issues.

In 2020, the FATF expressed "concern" over the UAE's minimal number of money-laundering prosecutions, particularly in Dubai, and asked the nation to tighten its anti-money laundering efforts.

Prior to the release of the report, Emirati officials claimed that the UAE had taken several efforts to address the FATF's concerns and had considerably enhanced the authorities' capacity to crack down on "dirty money" flows in all seven emirates of the federation.

The UAE's Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism said in a statement that it takes its role in "protecting the integrity of the global financial system extremely seriously," pledging "robust actions and ongoing measures" to "identify, disrupt, and punish criminals and illicit financial networks."

According to the FATF, a part of the action plan involves the UAE providing additional resources to its financial intelligence to strengthen its analysis function and ability to pursue high-risk money laundering threats, demonstrate an increase in effective investigations and prosecutions of various types of money laundering, and proactively identify and combat sanctions evasion.

  • Syria
  • Money laundering
  • UAE
  • South Sudan
  • Yemen

Most Read

Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025
Why is Choose Love using a firm with British and US intelligence connections to run a pro-Palestine musical event? (Al Mayadeen English; Illustrated by Batoul Chamas)

Together for Palestine: Troubling questions about the organisers of this huge event

  • Opinion
  • 17 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS