EU Clears UAE and Gibraltar from AML ‘Grey’ List, Signaling Boost in Trade and Compliance
In a significant move, the European Union has voted to remove the United Arab Emirates and Gibraltar from its “grey list” of jurisdictions with weak anti-money-laundering (AML) systems. The update, formalised this week and to be published soon in the EU’s Official Journal, follows the Financial Action Task Force delisting both in 2024 . Why…
