With the aim of ensuring the success and sustainability of the UAE’s efforts to strengthen its anti-financial crime framework, FATF has announced that it has placed our country under increased monitoring.
The UAE has indicated its strong commitment to working closely with FATF to address remaining areas of improvement through the implementation of an action plan. Noting that the UAE has "significantly strengthened" its anti-financial crime framework, the action plan builds on the firm foundations established and important efforts already underway
On this basis, the UAE will continue its ongoing efforts to identify, disrupt and punish criminals and illicit financial networks in line with FATF’s findings and the UAE’s National Action Plan, as well as through close coordination with our international partners and the private sectors
Proud of the robust actions and ongoing measures taken by the UAE Government and private sector that are in place to secure the stability and integrity of the country’s financial system. 👌
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