EU Money Laundering Blacklist: MEP's call on European Commission to adopt revised proposal after Council objection.
MEPs have today adopted a parliamentary motion, addressed to the Council, the European Commission and EU Governments, concerning the EU's money laundering blacklist.
The Parliament's resolution welcomes the adoption, on the 13th February, of a new list of 23 countries with deficiencies in their anti-money laundering and counter-terrorist financing networks, but criticises the Council's subsequent objection to it. EU Government's argued the proposal was not established in a transparent and resilient process.
The resolution underlines that political lobbying and diplomatic pressure must not undermine the EU institutions' ability to tackle money laundering and counter terrorism financing effectively and transparently.
Petr Ježek MEP commented today:
''Today's vote on the common resolution for the EU blacklist of third countries is clear: The Parliament stands united in the fight against money laundering and terrorism financing."
"The Commission must put even more efforts to be able to justify fully the process of listing and delisting of the countries involved. But most of all, Member States must also show willingness to safeguard the financial system of the Union and not to back down to the lobbying of countries with possible deficiencies in their AML/CFT regimes.”
The Parliament's resolution can be viewed here: http://www.europarl.europa.eu/doceo/document/B-8-2019-0176_EN.html