The European Parliament’s Committee on Economic and Monetary Affairs (ECON) and Committee on Civil Liberties, Justice and Home Affairs (LIBE) announced an exchange of views with Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union, on an amendment to the delegated regulation covering third countries with strategic deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. The discussion is scheduled for 5 June 2025 from 11:00 to 12:30. Under the Fourth Anti-Money Laundering Directive (AMLD4), the European Commission is mandated to adopt and update an EU list of “high-risk third countries”, with the aim of protecting the EU internal market by requiring financial institutions and other gatekeepers to apply enhanced vigilance to transactions involving listed jurisdictions. The list is set out in Commission Delegated Regulation (EU) 2016/1675, which is regularly amended, and the co-legislators may object to Commission delegated acts during a one-month scrutiny period that can be extended by a further month. The notice recalls that the European Parliament rejected the previous amending update to the list in its resolution of 23 April 2024, and the EU list has not been amended since.
Committee on Economic and Monetary Affairs 2025-06-03
European Parliament’s Committee on Economic and Monetary Affairs and Civil Liberties Committee to scrutinise changes to the EU high-risk third countries AML/CFT list
The European Parliament’s Committees on Economic and Monetary Affairs and Civil Liberties will discuss amending the regulation on third countries with deficiencies in anti-money laundering and counter-terrorism financing. This follows the rejection of the previous update to the EU's high-risk third countries list under the Fourth Anti-Money Laundering Directive. The list, in Commission Delegated Regulation (EU) 2016/1675, hasn't been amended since April 2024.