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EP approves removal of UAE & Gibraltar from high-risk AML list, aligning closer with FATF standards – following AMLA’s pledge to reassess Russia’s AML risk by year-end

by Jyotsna Bucktowar | Jul 9, 2025

The EP has approved the removal of the UAE from the EU’s list of High-Risk Third Countries – despite initial resistance, after AMLA promised a year-end review on whether to blacklist Russia. This helped ease opposition from MEPs, especially in Spain. The updated...

EU adopts an enhanced cyber crisis management blueprint to boost preparedness, detection capabilities, and drive cross-border action against large-scale complex cyber threats

by Jyotsna Bucktowar | Jun 6, 2025

Aligned with the NIS2 Directive and the Cyber Solidarity Act, the blueprint introduces a clear five-phase crisis lifecycle—detection, analysis, escalation, response, and recovery—while defining roles for key entities like ENISA, the CSIRTs Network, and EU-CyCLONe. It...

EU-UAE deepens AML/CTF partnership at 8th Dialogue in Abu Dhabi, pledging stronger judicial coordination, law enforcement cooperation, and intelligence sharing to tackle emerging FC risks 

by Jyotsna Bucktowar | May 26, 2025

The dialogue focused on deepening strategic partnerships between law enforcement and regulatory bodies, addressing emerging risks in money laundering and terrorist financing, and establishing clearer frameworks for cross-border cooperation. Both parties committed to...

EU launches Sanctions Helpdesk to assist SMEs with expert guidance and up-to-date resources to navigate global EU sanctions and ensure due diligence compliance

by Jyotsna Bucktowar | Apr 14, 2025

The helpdesk offers customised support to SMEs through personalised guidance on sanctions due diligence, access to compliance resources, one-on-one assistance, and online training events – helping small businesses navigate complex EU restrictions…

ENISA’s European finance sector Cyber Threat Landscape Report reveals 488 cyber incidents, with a rise in crypto-related cybercrime, with banks the most affected (46%)

by Jyotsna Bucktowar | Mar 18, 2025

The report highlights a surge in ransomware, social engineering, data breaches, and crypto-related cybercrime. Banks were the most frequently targeted (46%), followed by public finance organizations (13%). Companies must focus on strengthening cybersecurity defenses,...
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