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TME Services

UAE: Impending Exit from FATF Grey List5 min read

Author: Uwe Hohmann
Managing Partner, MBA Tax Law / Commercial- & Tax Consultant

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.

How Can TME Services Support Your Bussiness

The UAE’s regulatory advancements position it as an even more attractive destination for multinational corporations seeking growth opportunities in the dynamic MENA region. As the UAE continues its commitment to international standards and regulatory excellence, MNCs can expect to reap the rewards of a stable, transparent, and conducive business environment.

At TME Services, our team of 45 experts is ready to help your business make the most of these opportunities. With over 18 years of experience in the UAE and the Middle East, we specialize in legal, tax, accounting, and compliance matters.


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