Some countries are on their way to be taken off the EU AML risk list, including Gibraltar and the UAE – two hotspots for the gambling sector.
The amendments were introduced by a Commission Delegated Regulation, and are expected to enter the Official Journal of the EU if the European Parliament or the Council of the EU do not object to them.
Individual jurisdiction assessments correspond to the Financial Action Task Force’s (FATF) proprietary analysis, which has delisted the same countries from its own high-risk money laundering list.
The UK Overseas Territory is one of the eight countries that have satisfied the EU and the FATF risk assessments.
