Authorities in the United Arab Emirates (UAE) are facing criticism for their “minimal” implementation of UN sanctions and lacklustre efforts to tackle trade-based money laundering. The accusations are made by the Middle East and North Africa division of the Financial Action Task Force (FATF), a highly influential standards-setting body, following a major review of the ...

We hope you enjoyed your 4 free articles on GTR’s website this month. If you want to read more high-quality journalism, please log in below to continue your access. If you are not a subscriber, you can sign up here for just £30 a month.