A news release on 7 March advised that the EU Council had unanimously decided to reject a draft list put forward by the Commission of 23 “high-risk third countries” in the area of money laundering and terrorist financing; the Council saying that it cannot support the current proposal that was not established in a transparent and resilient process that actively incentivises affected countries to take decisive action while also respecting their right to be heard. The Commission will now have to propose a new draft list of high-risk third countries that will address Member States’ concerns.
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