EUROPEAN PARLIAMENT CONFIRMS REJECTION OF EUROPEAN COMMISSION’S LATEST EU AML BLACKLIST
May 1st, 2017
THE EUROPEAN Commission must propose a new blacklist of non-European Union (EU) countries considered high-risk money laundering locations, after the full European Parliament (EP) overwhelmingly a proposed list yesterday (May 17), by 392 votes to 80, with 207 abstentions.
A Parliament spokesperson told Money Laundering Bulletin the Commission had no deadline to produce its third list of countries needing to face stricter controls doing business in the EU, but was expected to do so in the next “few months”.
If this list also fails to pass muster, the idea ...
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