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BLEACHING; soon a new proposal for an EU 'black' list of high-risk third countries

19/02/2020
Source : Bulletin Quotidien Europe
Categories: General Information

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The European Commission should soon be ready to present a new European 'black' list of third countries with anti-money laundering systems that present deficiencies threatening the European financial system (EUROPE B12193A28), the Vice-President hinted of the institution, Valdis Dombrovskis, at a press conference, Tuesday, February 18. “Last time, member states made it clear that they expected closer alignment of the EU list with that of the Financial Action Task Force (EUROPE B12205A6). The FATF is updating its list this week and following that update, I would say that, in a relatively short time, we will also present a proposal to update the EU list,” he said. he declares. However, it will not be a “copy/paste” of the FATF list, he warned, confirming that the Commission still intended to continue with its autonomous methodology (EUROPE B12340A19). The European Commission should soon be ready to present a new European 'black' list of third countries with anti-money laundering systems that present deficiencies threatening the European financial system (EUROPE B12193A28), the Vice-President hinted of the institution, Valdis Dombrovskis, at a press conference, Tuesday, February 18. “Last time, member states made it clear that they expected closer alignment of the EU list with that of the Financial Action Task Force (EUROPE B12205A6). The FATF is updating its list this week and following that update, I would say that, in a relatively short time, we will also present a proposal to update the EU list,” he said. he declares. However, it will not be a “copy/paste” of the FATF list, he warned, confirming that the Commission still intended to continue with its autonomous methodology (EUROPE B12340A19).

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