The European Parliament has again rejected Commission Delegated Regulation of 24 March 2017 amending Commission Delegated Regulation (EU) 2016/1675 supplementing the Fourth Anti-Money Laundering Directive by identifying high risk third countries with strategic anti-money laundering and counter-terrorist financing deficiencies.

The Commission Delegated Regulation was previously rejected by MEPs on 19 January 2017 (see our blog here).

MEPs feel that the list of third countries judged by the Commission to have strategic deficiencies in their anti-money laundering and countering the financing of terrorism regimes is too limited.

View Parliament again rejects blacklist of states at risk of money laundering, 17 May 2017