BETA


2024/2688(DEA) Identifying high-risk third countries with strategic deficiencies: adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table

Progress: Procedure completed - delegated act rejected

RoleCommitteeRapporteurShadows
Joint Responsible Committee ['ECON', 'LIBE']
Lead committee dossier:
Legal Basis:
RoP 114-p03, RoP 59

Events

2024/08/08
   EC - Commission response to text adopted in plenary
Documents
2024/04/23
   EP - Results of vote in Parliament
2024/04/23
   EP - Decision by Parliament
Details

The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.

Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.

The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.

The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.

Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .

It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.

On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.

Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.

Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.

The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.

According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.

In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.

Documents
2024/04/17
   EP - Motion for a resolution objecting delegated act
Documents
2024/04/10
   EP - Committee referral announced in Parliament
2024/04/10
   EP - Referral to joint committee announced in Parliament
2024/04/10
   EP/CSL - Initial period for examining delegated act extended at Parliament's request by 1 month(s)
2024/04/03
   EP - Motion for a resolution objecting delegated act
Documents
2024/03/14
   EC - Non-legislative basic document
Documents
2024/03/14
   EC - Non-legislative basic document published
Documents
2024/03/14
   EP/CSL - Initial period for examining delegated act 1 month(s)

Documents

Activities

Votes

B9-0210/2024 – Motion for a resolution #

2024/04/23 Outcome: +: 490, -: 64, 0: 56
DE ES FR PL SE NL CZ PT BE AT FI DK IE LT SK SI RO LV LU EE HR MT EL ?? CY IT HU BG
Total
88
53
70
43
20
27
21
20
21
17
14
14
12
10
13
8
24
7
6
6
5
4
13
1
1
60
17
15
icon: S&D S&D
127

Czechia S&D

For (1)

1

Belgium S&D

2

Lithuania S&D

2

Slovakia S&D

For (1)

1

Slovenia S&D

2

Romania S&D

4

Latvia S&D

2

Luxembourg S&D

For (1)

1

Estonia S&D

2

Malta S&D

For (1)

3

Greece S&D

1

S&D

For (1)

1

Cyprus S&D

1
icon: PPE PPE
147

Denmark PPE

For (1)

1

Luxembourg PPE

2

Malta PPE

For (1)

1

Hungary PPE

Abstain (1)

1
icon: Renew Renew
95

Poland Renew

1
3

Austria Renew

For (1)

1

Finland Renew

3

Ireland Renew

2

Lithuania Renew

1

Slovenia Renew

2

Latvia Renew

For (1)

1

Luxembourg Renew

2

Estonia Renew

3

Greece Renew

1

Hungary Renew

For (1)

1

Bulgaria Renew

2
icon: Verts/ALE Verts/ALE
67

Spain Verts/ALE

3

Poland Verts/ALE

For (1)

1

Sweden Verts/ALE

3

Netherlands Verts/ALE

Against (1)

3

Czechia Verts/ALE

3

Portugal Verts/ALE

1

Belgium Verts/ALE

3

Austria Verts/ALE

3

Finland Verts/ALE

3

Denmark Verts/ALE

2

Ireland Verts/ALE

2

Lithuania Verts/ALE

2

Luxembourg Verts/ALE

For (1)

1

Greece Verts/ALE

For (1)

1

Italy Verts/ALE

For (1)

1
icon: ECR ECR
59

Germany ECR

1

France ECR

For (1)

1

Sweden ECR

2

Belgium ECR

Abstain (1)

3

Lithuania ECR

1

Slovakia ECR

Against (1)

1

Romania ECR

1

Greece ECR

Against (1)

1

Bulgaria ECR

2
icon: The Left The Left
29

Sweden The Left

For (1)

1

Czechia The Left

Abstain (1)

1

Portugal The Left

4

Belgium The Left

For (1)

1

Finland The Left

For (1)

1

Denmark The Left

1

Ireland The Left

Abstain (1)

4

Greece The Left

2
icon: NI NI
36
1

France NI

Against (1)

3

Netherlands NI

Against (1)

1

Czechia NI

For (1)

1

Belgium NI

For (1)

1

Slovakia NI

Abstain (1)

3

Romania NI

Abstain (1)

1

Latvia NI

1

Croatia NI

Abstain (1)

1

Greece NI

3
icon: ID ID
50

Czechia ID

For (1)

1
3

Denmark ID

Abstain (1)

1

Estonia ID

Abstain (1)

1

History

(these mark the time of scraping, not the official date of the change)

docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
https://data.europarl.europa.eu/distribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3/docs/0/url
Old
/oeil/spdoc.do?i=61779&j=0&l=en
New
nulldistribution/doc/SP-2024-433-TA-9-2024-0291_en.docx
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
docs/3
date
2024-08-08T00:00:00
docs
url: /oeil/spdoc.do?i=61779&j=0&l=en title: SP(2024)433
type
Commission response to text adopted in plenary
body
EC
events/5/docs/0/url
Old
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en
New
https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61779&l=en
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
events/5
date
2024-04-23T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=61620&l=en title: Results of vote in Parliament
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
procedure/legal_basis/0
Rules of Procedure EP 114-p03
procedure/legal_basis/0
Rules of Procedure EP 111-p03
procedure/legal_basis/1
Rules of Procedure EP 59
procedure/legal_basis/1
Rules of Procedure EP 58
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5/summary
  • The European Parliament adopted by 490 votes to 64, with 56 abstentions, a resolution objecting to the Commission delegated regulation of 14 March 2024 amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Commission Delegated Regulation (EU) 2016/1675, its annex and the amending Commission delegated regulation of 14 March 2024 identify high-risk third countries with strategic deficiencies as regards anti-money laundering and countering terrorist financing (AML/CTF) which represent a threat for the Union financial system and for which enhanced customer due diligence measures should be applied by Union obliged entities under Directive (EU) 2015/849.
  • The Commission largely relies on the assessments of third countries carried out by international bodies, such as the Financial Action Task Force (FATF), since the assessment by the FATF follows due process based on objective criteria and the specific thresholds for being listed permit identification of countries presenting very material and profound strategic deficiencies. In principle, any third country representing a risk to the international financial system, as identified by the FATF, is presumed to represent a risk to the internal market.
  • The Commission’s assessment is, however, an autonomous process which must be carried out in a comprehensive and unbiased manner, assessing all third countries based on the same criteria.
  • Parliament expects the Commission to conduct its own assessment attending to the specific vulnerabilities of the internal market and not to rely solely on the assessments conducted by the FATF .
  • It is Parliament’s view that the list of criteria set out in Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing is non-exhaustive and that predicate offences to money laundering, such as the evasion of sanctions, may fall under these criteria and should be duly taken into account in the autonomous assessment process of the Commission.
  • On 14 March 2024, the Commission adopted this Commission delegated regulation amending Delegated Regulation (EU) 2016/1675 as regards adding Kenya and Namibia to the table in point I of the Annex and deleting Barbados, Gibraltar, Panama, Uganda and the United Arab Emirates from that table.
  • Parliament recalled that the recent evidence suggesting that the UAE, Gibraltar and Panama lack efforts in addressing, or even facilitate the evasion of, sanctions imposed on Russia, including targeted financial sanctions on individuals, as a response to the Russian war of aggression against Ukraine. Moreover, there are credible indications that the UAE plays a significant role in cash-for-gold schemes providing Russia with millions of USD and EUR banknotes despite such exports of banknotes being banned.
  • Panama is suspected of facilitating the evasion of the G7 imposed Russian oil cap.
  • The agreement between the European Union and the United Kingdom regarding the colony of Gibraltar has not yet been concluded after Brexit. The agreement is essential, not only for the socio-economic effects on the area, but also for the stability and good governance of a crucial, vulnerable external gateway of the European Union with a third country.
  • According to the final report of 15 January 2024 by the UN Panel of Experts on the Sudan, entities based in UAE play a role in laundering proceeds from conflict zones such as from Sudan’s gold mines. In spite of the FATF re-assessment, credible civil society organisations have recently highlighted outstanding deficiencies in the UAE’s AML/CFT framework and lack of genuine commitment to address deficiencies in countering money laundering and financial crime.
  • In light of these concerns, Parliament objects to the Commission delegated regulation and called on it to submit a new delegated act which takes account of the concerns set out above.
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5
date
2024-04-23T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
procedure/stage_reached
Old
Awaiting Parliament's vote
New
Procedure completed - delegated act rejected
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5
date
2024-04-23T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
procedure/stage_reached
Old
Awaiting Parliament's vote
New
Procedure completed - delegated act rejected
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/3
date
2024-04-23T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
type
Text adopted by Parliament, single reading
body
EP
events/5
date
2024-04-23T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2024-0291_EN.html title: T9-0291/2024
procedure/stage_reached
Old
Awaiting Parliament's vote
New
Procedure completed - delegated act rejected
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/2/docs/0/url
https://www.europarl.europa.eu/doceo/document/B-9-2024-0222_EN.html
docs/2
date
2024-04-17T00:00:00
docs
title: B9-0222/2024
type
Motion for a resolution objecting delegated act
body
EP
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/2
date
2024-04-10T00:00:00
type
Committee referral announced in Parliament
body
EP
events/3
date
2024-04-10T00:00:00
type
Referral to joint committee announced in Parliament
body
EP
events/4
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
  • Rules of Procedure EP 58
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/2
date
2024-04-10T00:00:00
type
Committee referral announced in Parliament
body
EP
events/3
date
2024-04-10T00:00:00
type
Referral to joint committee announced in Parliament
body
EP
events/4
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
  • Rules of Procedure EP 58
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/2
date
2024-04-10T00:00:00
type
Committee referral announced in Parliament
body
EP
events/3
date
2024-04-10T00:00:00
type
Referral to joint committee announced in Parliament
body
EP
events/4
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
  • Rules of Procedure EP 58
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/2
date
2024-04-10T00:00:00
type
Committee referral announced in Parliament
body
EP
events/3
date
2024-04-10T00:00:00
type
Referral to joint committee announced in Parliament
body
EP
events/4
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
  • Rules of Procedure EP 58
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/2
date
2024-04-10T00:00:00
type
Committee referral announced in Parliament
body
EP
events/3
date
2024-04-10T00:00:00
type
Referral to joint committee announced in Parliament
body
EP
events/4
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
  • Rules of Procedure EP 58
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
events/1
date
2024-03-14T00:00:00
type
Initial period for examining delegated act 1 month(s)
body
EP/CSL
events/1
date
2024-04-10T00:00:00
type
Initial period for examining delegated act extended at Parliament's request by 1 month(s)
body
EP/CSL
events/2
date
2024-03-14T00:00:00
type
Initial period for examining delegated act 1 month(s)
body
EP/CSL
events/2/date
Old
2024-03-14T00:00:00
New
2024-04-14T00:00:00
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/B-9-2024-0210_EN.html title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
docs/1
date
2024-04-03T00:00:00
docs
title: B9-0210/2024
type
Motion for a resolution objecting delegated act
body
EP
procedure/dossier_of_the_committee
  • CJ12/9/15080
procedure/legal_basis
  • Rules of Procedure EP 111-p03
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting Parliament's vote
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
committees/0
type
Joint Responsible Committee
body
EP
committee_full
committee
associated
False
docs/0/docs/0/url
https://webgate.ec.europa.eu/regdel/web/delegatedActsLinks/C(2024)01754
events/0/docs/0/url
https://webgate.ec.europa.eu/regdel/web/delegatedActsLinks/C(2024)01754