Tag Archives: EP

EP adopts Fintech resolution

The EP has adopted a resolution on the influence of technology on the financial sector. The provisional version of the resolution focuses on the rapid development of applications of fintech technologies and notes that some may become of systemic importance. It looks at the benefits and risks of the developments and notes that some applications […]

EP rejects AML high risk list again

Unsurprisingly, the European Parliament has again rejected the Commission’s proposed list of high risk third countries under MLD4.

EP rejects ML “blacklist”

The European Parliament has rejected the Commission’s “blacklist” of states at the highest risk of money laundering. As expected the EP’s vote confirms its belief that the list is too limited and should at least include countries at high risk of tax crimes. The Commission must now consider changes to its proposal, but this will […]

EP unsure on MLD4 high risk list

On 9 January 2017, two Committees within the European Parliament, ECON and LIBE published a motion for a resolution (dated 13 December 2016) objecting to the proposed Delegated Regulation amending the European Commission’s list of high-risk third countries under MLD4.  The Commission says it has to identify high-risk countries exclusively on the grounds listed in […]