The new list of 23 third countries with deficient anti-money laundering and anti-terrorist financing arrangements threatening the European financial system, which was unveiled by the Commission on 13 February last (see EUROPE 12193), does not please all Member States.
The EU Council has until 13 March - with the possibility of extension - to oppose the delegated regulation. On Thursday 28 February, several Member States - including France - broke the silence procedure opposing the...