The European Economic and Social Committee (EESC) is an advisory body that gives Europe’s economic and social partners (i.e. employers, trade unions, representatives of small businesses, farmers’ associations, consumers, etc.) the chance to issue their formal opinion on EU policies. Twice a year the EESC organises in-service training periods of long (five months) and […]
European Commission revises high-risk countries list to boost global efforts against financial crime
The European Commission has updated its list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. EU entities covered by the AML framework are required to apply enhanced vigilance in transactions involving these countries. This is important to protect the EU financial system. A number […]