
Publication
Essential Corporate News – Week ending 11 July 2025
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Middle East | Publication | February 2024
On 23 February 2024, the UAE was removed from the Financial Action Task Force’s (FATF) list of “Jurisdictions under Increased Monitoring”, the so-called “grey list”. The UAE has been on the grey list since its inclusion on 4 March 2022.
FATF, the global anti-money laundering watchdog, had added the UAE to its grey list due to “strategic deficiencies” in the country’s efforts to counter money laundering and terrorist financing. Removal from the grey list required the UAE to fully implement the recommendations set out in the FATF’s action plan that was issued following the FATF’s 2020 Mutual Evaluation of the UAE.
At its October 2023 plenary meeting, the FATF recognised that the UAE had taken various actions to improve its overall AML/CFT compliance. On a regulatory level, the UAE has implemented several key reforms since its inclusion on the grey list, including:
The UAE’s financial service regulators have also shown an increased willingness to investigate and take enforcement actions in relation to money laundering in line with the country’s risk profile. On the ground, we have seen a large increase in the number of enforcement actions related to AML deficiencies.
The FATF’s decision is a welcome recognition of the UAE’s concerted effort to enhance its AML/CFT framework. Given the UAE’s position as major international and regional financial centre and trading hub, its removal from the grey list is a significant step.
The outcomes of the FATF Plenary session can be found here.
Publication
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
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In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.
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Selon un rapport conjoint du Bureau du surintendant des institutions financières (BSIF) et de l’Agence de la consommation en matière financière du Canada (ACFC), environ 70 % des institutions financières fédérales prévoient utiliser l’IA d’ici 2026 .
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