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Uae Build > Blog > UAE > Business > Anti-money-laundering body puts UAE on global ‘gray’ list
Business

Anti-money-laundering body puts UAE on global ‘gray’ list

By admin
Last updated: February 8, 2024
1 Min Read
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DUBAI, United Arab Emirates (AP) — A global body focused on fighting money laundering has placed the United Arab Emirates on its so-called “gray list” over concerns that the global trade hub isn’t doing enough to stop criminals and militants from hiding wealth there.

The decision late Friday night by the Paris-based Financial Action Task Force puts the UAE, home to Dubai and oil-rich Abu Dhabi, on a list of 23 countries including fellow…



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