The European Commission is proposing to add Kenya and Namibia to the list of high-risk third-country jurisdictions with strategic deficiencies in their anti-money laundering regime and countering the financing of terrorism (AML/CFT) regimes, according to a document published on Thursday 14 March. It also proposes removing Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from the list.
With these changes, the list would comprise twenty-two jurisdictions. Kenya and Namibia...