UAE removed from FATF's "grey list" for effective anti-money laundering and counterterrorism financing policies.

The United Arab Emirates (UAE) has been removed from the Financial Action Task Force's (FATF) "grey list" of countries that fail to effectively combat money laundering and terrorist financing. The FATF praised the UAE's significant progress in improving its anti-money laundering and counterterrorism financing policies. In addition to the UAE, Barbados, Gibraltar, and Uganda were also removed from the list.