OrbitaxEU to Expand Non-Cooperative Black List While New List of Countries with Weak Anti-Money Laundering and Terrorist Financing Regimes is Opposed
|Proposed Changes|European Union
According to recent reports, the EU is planning to expand its blacklist of non-cooperative jurisdictions with up to ten additional jurisdictions, which may include Bermuda, Oman, the United Arab Emirates, and other Caribbean and Pacific islands. The expanded list is to be decided on during a 12 March 2019 meeting of EU Finance Ministers. Meanwhile, the European Commission's delegated regulation…
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