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
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

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

Syrian soldier wounded in SDF drone attack near Deir Ezzor

Syria welcomes US decision to lift sanctions, hosts US delegation

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

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

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