UAE added to FATF gray list

[Enigma SIG]

No need to shed tears for them. Keep in mind UAE has been repeatedly voting against Pakistan to put us on blacklist in FATF. For once they are getting taste of their own medicine.

Lets get China to vote for a blacklist for UAE

 

[Pandora]

Lets get China to vote for a blacklist for UAE

Actually Saudia Arabia is a member of FATF not UAE so my mistake there. Although i doubt their decision would have been different if they were members.

 

[_NOBODY_]

It was just a matter of time when the middle east starts falling out of favour. Oil isn't as valuable as is used to be. With electrification in Europe, this irrelevancy is accelerated.
UAE licked US boots to coast through the past 30 40 years but I think they are in for a bumpy ride now.
With their ignorance, they will find out what it has been for other Muslims countries on the receiving end of US diplomacy.

Fossil fuel isn't going anywhere anytime soon. The West still heavily relies on it and will continue to do so at least until 2050.

 

[vi-va]

So is the UK, London is home to all the biggest money launderers in the world.

also Brussels, Zurich, Luxembourg, Bermuda, Virgin Islands, Dublin and Monaco.

The list goes on, but the FATF say they are fine.

 

[Hack-Hook]

is it because it is a haven for money launderers and criminals of the world (including fat pandit chor and sayyad ghardari)?

as far as I'm concerned Canada is not better at all

That’s true, the Iranians are the physical locations where these BLA/BLF terrorists hide, so any thing they say should be taken with a grain of salt. Either way, the FATF process may reveal something relevant, as most of the region banks through the UAE.

a question . were Jundollah is located ?

And what happens if UAE and other GCC start backing CIPS. IMO, all MENA countries should have financial systems that use SWIFT and CIPS.

the freedom will come to them

 

[N.Siddiqui]

also Brussels, Zurich, Luxembourg, Bermuda, Virgin Islands, Dublin and Monaco.

The list goes on, but the FATF say they are fine.

They are fine because UAE, and some other countries are challenging the name of the countries you mentioned. How dare UAE is taking away a big chunk of money destined for the London and Brussels.

Just to add, Malta( a tiny country) and Mauritius are also known tax havens and ideal for money laundering and stashing cash.

 

[INS_Vikrant]

Dubai was once hub and economic center of Indian mafias from mid 80s to mid 2000s, however with recent warming of india-gcc relations they have taken action against anti-india activities on their soil.

 

[vi-va]

They are fine because UAE, and some other countries are challenging the name of the countries you mentioned. How dare UAE is taking away a big chunk of money destined for the London and Brussels.

Just to add, Malta( a tiny country) and Mauritius are also known tax havens and ideal for money laundering and stashing cash.

Those places are loved by many high officials of all countries. Their second home.

 

[INS_Vikrant]

how many Indians parked their ill gotten wealth ..any data ?

UAE was in past however now its mostly routed to Carribean countries or London

 

[Clutch]

The emrats probably thought if they bent over and touched their heels for the Jews and Americans they would be saved

Funny thing is that it's probably the Israeli who put UAE on the FATF grey list from behind the scenes....

Just like Israel arms ISIS and Ukrainian Nazis behind the scenes..


Mossad motto: by deception thou shall do war.

 

[doorstar]

as far as I'm concerned Canada is not better at all

are you a Romanian falsely using Irani flag or just using a proxy. I am scared of false flaggers/proxy users. almost always they turn out to be either criminals or government types. either way it is frightening.

 

[Irfan Baloch]

https://twitter.com/x/status/1499700701894787073

PS: I can't believe people are naïve enough to believe the official line. Americans are tightening the screws on UAE after their stance on Russia-Ukraine conflict.

zero Fsss given to FATF and UAE. the degenerates prefer India and support Indian stance over Kashmir are cosy with Israel . this Grey listing is strange.
if its due to disobeying American instructions over Ukrainian issue then it seems excessive by Americans.

 

[CrazyZ]

MENA needs an independent monetary union and global payments system. World is multipolar and Swift system is a sanctions risk.

 

[waz]

They’re actually fortunate to have not been out for years on as it’s one of the leading states for laundering.

 

[LeGenD]

As much I like UAE in person, this country had been a hub of money laundering activities. It should be investigated on these lines. It should be forced to plug loopholes in this regard.