
OPINION: UAE’s Strong Commitment to AML Compliance: DNFBPs Beware!
Since the issuance of a report on the UAE in 2020 by the global money laundering and terrorist financing watchdog, the Financial Action Task Force (“FATF’) (see: FATF Mutual Evaluation Report on the UAE released), the UAE has taken significant steps to increase the effectiveness of the UAE’s anti-money laundering and counter-terrorist financing (“AML/CFT”) system. In […]