European Parliament vote backfires on EU Commission’s money laundering blacklist

EPA / PATRICK SEEGER

Members of Parliament vote in the European Parliament in Strasbourg, France, 14 September 2016.

MEPs challenged the European Commission’s criteria for anti-money laundering and terrorism financing “black list”.


MEPs challengde the European Commission’s black-list algorithm for defining countries that are high-risk for money laundering, as too strict. A vote in the European Parliament in Strasbourg showed that the list is “too limited” and should include territories that facilitate tax crimes.

Greens/EFA MEP Judith Sargentini has prepared a resolution against the current proposal of the European Commission. "The strength of the vote reflects the strength of feeling in Parliament about the inadequacy ...


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