UAE compliance guide
The FATF grey list and the UAE
What the FATF grey list is, the UAE's history with it, and why list status matters for country risk in KYC, screening and transaction monitoring.
Short answer
The FATF grey list, formally jurisdictions under increased monitoring, names countries working with the FATF to fix strategic AML/CFT deficiencies. The UAE was placed on the list in 2022 and removed in February 2024. Grey and black list status is a common input to country risk scoring in onboarding and monitoring.
Last reviewed by the ITSEC compliance team. General information, not legal advice.
How often does the list change?
The FATF updates its lists after each plenary, usually three times a year. Always check the current list on the FATF website.
How should firms use the list?
Apply higher country risk and enhanced due diligence where customers, counterparties or transactions involve listed jurisdictions, in line with your regulator's guidance.
Frequently asked questions
- Is the UAE on the FATF grey list?
- No. The UAE was removed in February 2024. Check the FATF website for the latest status.
- What is the FATF black list?
- High-risk jurisdictions subject to a call for action, where countermeasures apply.
Official sources
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