Covered in this Briefing Note:

With the FATF adding the UAE to its list of jurisdictions under increased monitoring earlier this year, the Gulf State has implemented key policy improvements to combat illicit financial flows. Particular attention has been paid to high risk sectors such as gold, real estate, and corporate service providers.

In this briefing note, we discuss the significant progress made in these areas as well as the remaining vulnerabilities that illicit actors are exploiting. We also discuss emerging vulnerabilities and what can be done to stay one step ahead of illicit financial threats in the region.