European parliamentarians are questioning whether the United Arab Emirates should have been taken off the “gray list” of countries at risk of money laundering and terrorist financing, following revelations that Dubai property owners include a host of dubious characters like drug lords and sanctioned businessmen. In mid-May, OCCRP and more than 70 international media outlets...
MEPs in the European Parliament have drafted a motion for a resolution rejecting the European Commission’s proposal to remove the United Arab Emirates, Gibraltar and Panama from the list of high-risk third countries with strategic deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regimes. As previously reported, the European Commission published a proposed...
More than 130members of Congress and the European Parliament on Tuesday called for the ouster of the oil executive leading the next U.N. Climate Change Conference in the United Arab Emirates this fall. Want to know how your actions can help make a difference for our planet? Sign up for the Climate Coach newsletter, in...
Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with stringent sanctions in February after Russia invaded Ukraine. This prompted some oligarchs to...
Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs. Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with...