The Middle East and North Africa Financial Action Task Force (MENAFATF) recently raised the rating of the United Arab Emirates (UAE) in recognition of its significant efforts to combat money laundering and terrorist financing. The UAE has been working tirelessly to strengthen its anti-money laundering and counter-terrorist financing framework, which includes comprehensive implementation of legal and regulatory measures, enhancing the capacity of its financial intelligence unit, and improving cross-border cooperation with other countries. This improved rating from MENAFATF serves as a testament to the UAE's commitment to ensuring the integrity of its financial system and safeguarding against illicit activities that threaten global stability and security.