Inclusion on FATF grey list adds to pressure on UAE authorities

Issue 1143 - 13 Mar 2022 | 3 minute read

The UAE’s addition to the Financial Action Task Force (FATF)’s ‘grey list’, and other governance issues focused on Dubai, points to pressures on the Emirates’ authorities. This could become more intense as international pressure grows to fall into line over Russia’s invasion of Ukraine; concerted plans for domination in sectors such as tourism and transport are threatened by commercial fallout from a changing global environment.

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