In the realm of global finance, few designations carry as much weight and scrutiny as those issued by the Financial Action Task Force (FATF). So when the United Arab Emirates (UAE) was recently removed from the FATF grey list, it marked a significant milestone not just for the nation itself but for the broader international community.
Being placed on the FATF grey list had been a thorn in the side of the UAE’s financial reputation. While not as severe as being placed on the blacklist, it still signaled to the world a need for enhanced scrutiny and improvements in anti-money laundering and counter-terrorism financing (AML/ CFT) measures. The UAE’s removal from this list is not just a symbolic victory; it is a testament to the nation’s commitment to enhancing its financial regulatory framework.
Discover our OPED!
Who we are
We are multi-services platform catering to successful individuals and entrepreneurial families. Our one-stop-shop offering is unique in the Middle East: a holistic and cross-disciplinary combination of a market-leading corporate services firm, a private client specialist team, and a regulatory & compliance services practice, all through one single platform.
We have extensive experience advising on a broad range of wealth structuring and legacy planning issues. We particularly assist in establishing and servicing Family- and Group- Holdings, Single- and Multi-Family offices, Foundations, and other asset consolidation/protection and intergenerational wealth management structures.
Headquartered in the UAE, we are an entrepreneurial firm for entrepreneurial clients.