[HIGHLIGHTS] Money laundering: Kenya and Namibia placed “under enhanced surveillance”, the Emirates removed from the list

Kenya and Namibia added to the gray list of “ enhanced surveillance ” by the anti-money laundering body FAFI on Friday. The United Arab Emirates were removed from the list.

The two African countries suffer from “ deficiencies ” in their anti- money laundering policy, the FATF announced. The wealthy Gulf state, made up of seven emirates including Dubai and the capital Abu Dhabi, is an important financial and commercial hub in the Gulf and the world.