Crime
European Commission adopts new list of third countries with weak #MoneyLaundering and #TerroristFinancing regimes
Justice, Consumers and Gender Equality Commissioner Věra Jourová said: “We have established the strongest anti-money laundering standards in the world, but we have to make sure that dirty money from other countries does not find its way to our financial system. Dirty money is the lifeblood of organized crime and terrorism. I invite the countries listed to remedy their deficiencies swiftly. The Commission stands ready to work closely with them to address these issues in our mutual interest."
The Commission concluded that 23 countries have strategic deficiencies in their anti-money laundering/counter terrorist financing regimes. This includes 12 countries listed by the Financial Action Task Force and 11 additional jurisdictions. Some of the countries listed today are already on the current EU list, which includes 16 countries. The list has been established on the basis of an analysis of 54 priority jurisdictions, which was prepared by the Commission in consultation with the member states and made public on 13 November 2018.
A press release, a Q&A and a factsheet are available online for more information. Commissioner Jourová will give a press conference at 11h30 that can be followed live here. [European Parliament, Strasbourg]
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