The United Arab Emirates (UAE) has been removed from the European Union’s list of high-risk countries for money laundering. This decision was made by the European Commission, effective June 11, 2025. The removal signifies the UAE’s progress in strengthening its anti-money laundering controls and improving its financial reputation.

On the other hand, Monaco has been added to the EU’s list of countries subject to extra monitoring of their money laundering controls. This move comes after Monaco was previously included on the Financial Action Task Force (FATF) grey list in mid-2024.

Countries Removed from the EU’s High-Risk List:

– United Arab Emirates
– Barbados
– Gibraltar
– Jamaica
– Panama
– The Philippines
– Senegal
– Uganda

Countries Added to the EU’s High-Risk List:

– Monaco
– Algeria
– Angola
– Ivory Coast
– Kenya
– Laos
– Lebanon
– Namibia
– Nepal
– Venezuela