21/02/2022 (Agence Europe) – The EPP group’s coordinator in the European Parliament’s economic affairs committee, Markus Ferber of Germany, called for Switzerland to be re-evaluated as a high-risk country for money laundering, in a statement issued on Monday 21 February. This follows revelations published by international media about the practices of the Swiss bank Credit Suisse. “European and Swiss banks have close links. The anti-money laundering deficiencies in the Swiss banking sector are therefore also a problem for the European financial sector”, said Ferber. These revelations come ten days after Member States added ten third countries to the ‘grey list’ of jurisdictions that have made commitments on good governance in tax matters (see EUROPE 12887/13). (AD)