Financial Services Commissioner Mairead McGuinness confirmed the Commission’s intention to add the United Arab Emirates (UAE) to the European ‘blacklist’ of high-risk money laundering countries in a letter to Transparency International Director Michiel van Hulten on Monday 24 October.
While the information was already made public by an MEP in July (see EUROPE B12998A19), the Commission has not yet made it official. Contacted by EUROPE on Friday 4 November, one of the institution’s...