UAE in GREY list of FATF. | World Affairs | English News Pak

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What is fata

The UAE has been added to the grey list of countries that are not doing enough to combat money laundering and terrorist financing. This means that the UAE will be subject to increased scrutiny from financial institutions all over the world.

The UAE has been placed on the GREY list of FATF, which means that it is not doing enough to combat money laundering and terrorist financing. This could have a serious impact on the UAE economy, as it could make it more difficult to do business with other countries.

Watch this video to find out more about the implications of being on the GREY list, and what the UAE can do to get off it.

Watch the video explanation.

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