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UAE Steps Up Financial-Crime Readiness and Digital Tax Modernization

Abdullah bin Zayed ordered full readiness for a June FATF field visit, underscoring a sharper compliance drive.

Overview

  • At its 22nd meeting, the Supreme Committee on the national AML/CFT strategy approved the proliferation‑financing risk assessment and set preparations for a FATF mutual evaluation field visit in June.
  • The committee highlighted enforcement gains, citing AED 5.4 billion in assets confiscated in 2025 and 377 extraditions since 2022 under strengthened judicial cooperation.
  • The Federal Tax Authority board, chaired by Maktoum bin Mohammed, reviewed an AI strategy, the EmaraTax platform, and e‑invoicing rollout, reporting 710,000 corporate tax registrants and 573,000 VAT registrants.
  • Sharjah’s ruler directed a fast, flexible mechanism in the HR department to resolve employee humanitarian cases and announced a new housing complex near Khor Kalba to be delivered within six months.
  • In Yemen’s Shabwa governorate, protests by Southern Transitional Council supporters in Ataq turned deadly, with an STC official accusing government forces of firing on demonstrators; casualty details were reported by the STC.