EU PLANS BLACKLISTING OF AMERICAN TERRITORIES OVER AML/CFT FAILURES
February 1st, 2019
THE EUROPEAN Commission has included four American external territories – Puerto Rico, the US Virgin Islands, Guam and American Samoa – on a proposed blacklist of weak AML/CFT jurisdictions released today (Feb 13).
Brussels’ updated list includes 12 countries that are viewed with concern by the Financial Action Task Force (FATF) - the Bahamas, Botswana, North Korea, Ethiopia, Ghana, Iran, Pakistan, Sri Lanka, Syria, Trinidad & Tobago, Tunisia and Yemen. And it also includes 11 other jurisdictions deemed by the EU to be failing on AML/CFT – the four ...
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