The EU's finance ministers are set to remove three countries currently on the bloc's tax haven blacklist.

Bermuda, which is a British overseas territory; the Dutch Caribbean island of Aruba, and Barbados will be de-listed ahead of an ECOFIN meeting of Europen finance ministers, according to an EU official. The three islands have been on the EU’s embargoed list since March due to shortfalls in their tax rules that serve as a loophole for money laundering schemes.

Under the EU’s fair corpora...

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