Does the EU’s anti-money laundering strategy ignore the (Russian) elephant in the room?
Portia Kentish, 14 July 2020
With Europe’s parliament having now approved the European Commission’s new “high-risk” list of third countries deemed a threat to the bloc’s anti-money laundering (AML) efforts, several high profile critics are already voicing fears that it will do little to prevent illicit funds from being washed through Europe’s banks. This is particularly true for the Baltic states, whose vulnerability to money laundering networks based in neighbouring Russia remains an acute problem for the region. Continue reading “Article: Does the EU’s anti-money laundering strategy ignore the (Russian) elephant in the room?”
