The United Arab Emirates (UAE) is about to exit the Financial Action Task Force’s (FATF) “grey list.” This list includes jurisdictions that need to improve their efforts against financial crimes. The UAE has proactively addressed deficiencies in its anti-money laundering (AML), counter-terrorist financing (CTF), and anti-proliferation financing frameworks.

Greylisting often complicates international transactions due to increased scrutiny and compliance requirements. With the UAE’s improved regulatory standing, Multinational corporations (MNCs) can expect smoother cross-border dealings, facilitating trade and investment activities. Also, MNCs will likely find securing funding from local and international financial institutions more accessible.