Tag: financialsystem

Home » financialsystem
West wants to look the other way on UAE money laundering
Post

West wants to look the other way on UAE money laundering

As geopolitical winds shift, the US and European governments turn a blind eye to Emirates’ money laundering problem. BERLIN — Germany, the U.S. and several other Western countries are pushing a global money-laundering watchdog to give the financial system in the United Arab Emirates a clean bill of health despite persistent indications that the country...