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EP rejects money laundering list of countries

BRUSSELS, May 17 (KUNA) -- The European Parliament (EP) rejected Wednesday as inadequate by 392 votes to 80 the list of countries at risk of money laundering.
The European Commission has prepared a list of countries thought to be at risk of money laundering, financing terrorism or promoting tax evasion.
The resolution says that the EU should have an independent, autonomous process for judging whether countries pose a threat of financial criminality rather than relying on the judgement of an external body.
The list of third-countries judged by the European Commission to have strategic deficiencies in their anti-money laundering and countering the financing of terrorism regimes are: Afghanistan, Bosnia and Herzegovina, Guyana, Iraq, Lao PDR, Syria, Uganda, Vanuatu, Yemen, Iran and North Korea.
The European Commission has proposed amending the list by adding Ethiopia and removing Guyana from the list. (end) nk.mt