Back

LatinNews Regional Monitor: Caribbean & Central America - 18 February 2020

In brief: Panama slams return to EU blacklist

* In a comment piece in local daily La Estrella, Panama’s deputy foreign minister Erika Mouynes complained about the European Union (EU)’s decision to once again include Panama on its blacklist for tax evasion and money laundering. In June 2019 the Financial Action Task Force (FATF) of the Organisation for Economic Co-operation and Development (OECD) announced that Panama would again feature on its list of jurisdictions which require monitoring due to having strategic Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) deficiencies. According to Mouynes, Panama’s inclusion on the EU’s latest list owes to EU methodology which establishes that if a country is on the OECD/FATF list, it is automatically included in the EU's list.

End of preview - This article contains approximately 119 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.