UAE to set up anti-money laundering bodies to boost financial transparency  

article author: 
Mon, 2023-07-31 12:33

RIYADH: The UAE is stepping up its efforts to combat money laundering and increase financial transparency with the establishment of specialized prosecution entities.    

After being included in the Financial Action Task Force’s grey list of countries that have strategic deficiencies in anti-money laundering systems in March 2022, the UAE has announced that it will set up bodies to fight such economic crimes, reported Emirates News Agency, also known as WAM.    

Main category: 

Leave a Reply

Your email address will not be published. Required fields are marked *