By Paul Shelton for AMLi
There is much speculation on the possibility of the UAE being placed on the FATF’s “grey list” of countries requiring more oversight, for failing to properly combat money laundering and terrorist financing (AML/CTF).
I should point out that I was the Head of Compliance and MLRO for an international branch of a UAE bank but I believe sufficient time has passed for me to be dispassionate on this topic.
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