In a plenary vote on 23 April 2024, the European Parliament approved a motion for a resolution rejecting the European Commission's proposal to remove the United Arab Emirates (UAE) from the list of high-risk third countries with strategic deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regimes. As previously reported, the European Commission published a proposed regulation in March 2024 that would remove the UAE, as well as Barbados, Gibraltar, Panama, and Uganda. The proposed regulation would also add Kenya and Namibia to the list. The primary reason for rejecting the UAE's removal is its role...