Financial crime risk levels in MENA are higher than the global average, according to the independent Basel Institute of Governance¹, with Yemen, Algeria, Jordan and UAE scoring the highest risks. U.S. regulators also list Morocco and UAE as jurisdictions with significant money laundering activity.
Download our latest white paper “Financial crime compliance in MENA” for a deep dive into:
- The current state of compliance in MENA
- Enforcement actions in the region
- Compliance challenges
- Best practices in AML/CFT and sanctions screening
¹ The Basel AML Index is an independent score and ranking that assesses the risk of money laundering and terrorist financing