Press "Enter" to skip to content

EU rejects “flawed” blacklist

European Union member states unanimously rejected a proposal to include Saudi Arabia and four US territories among countries blacklisted for lax controls on terrorism financing and money laundering. As reported by Reuters, member states criticised the European Commission’s methodology, claiming that the listing used criteria different from the Financial Action Task Force (FATF), considered to be the global standard for anti-money laundering.

DSG

www.eurofinesco.com

Hits: 1

Comments are closed.