FATF pledges to investigate OCCRP findings on UAE which revealed that convicted criminals, fugitives, and sanctioned individuals own property in Dubai

The FATF removed the UAE from its list of countries with insufficient measures against ML and terrorism financing. However, the publication of the Dubai unlocked investigation in May has raised questions about this decision. FATF officials have stated that they will review the journalistic investigation and consider its findings when reassessing the UAE’s AML efforts…