This came in the light of Yemen's success in overcoming the danger that would have ridden financial and banking operations and close the doors in front of the foreign banks' transactions.

According to efforts exerted by the National Anti-Money Laundering Committee and in accordance with the mutual evaluation report (MER) of the MENAFATF's meeting that was held on 14-18 June, Yemen has been moved from regular follow-up to biennial updating.

Under the MENAFATF's decision Yemen will submit a report to the MENAFATF group every two years rather than every six months, which shows its success in addressing all deficiencies shown by the previous assessment report of the group and meet all requirements.