The EU’s Economic and Financial Affairs Council (ECOFIN) has revised the EU’s list of non-cooperative jurisdictions, adding Aruba, Barbados, Belize, Bermuda, Dominica, Fiji, Marshall Islands, Oman, United Arab Emirates and Vanuatu to the blacklist.
This brings to 15 the number of jurisdictions on the annex I blacklist, the other five being American Samoa, Guam, Samoa, Trinidad and Tobago, and US Virgin Islands.
Barbados, United Arab Emirates and Marshall Islands were on the original 2017 blacklist before being moved to annex II in recognition of commitments made, which they have since failed to follow up.
A further 34 countries remain on the lower-risk annex II, where their progress towards compliance with good governance criteria will be monitored during 2019. These countries are: Albania, Anguilla, Antigua and Barbuda, Armenia, Australia, Bahamas, Bosnia and Herzegovina, Botswana, British Virgin Islands, Cabo Verde, Costa Rica, Curacao, Cayman Islands, Cook Islands, Eswatini, Jordan, Maldives, Mauritius, Morocco, Mongolia, Montenegro, Namibia, North Macedonia, Nauru, Niue, Palau, Saint Kitts and Nevis, Saint Lucia, Serbia, Seychelles, Switzerland, Thailand, Turkey, and Vietnam.
The EU’s Economic and Financial Affairs Council (ECOFIN) has revised the EU’s list of non-cooperative jurisdictions, adding Aruba, Barbados, Belize, Bermuda, Dominica, Fiji, Marshall Islands, Oman, United Arab Emirates and Vanuatu to the blacklist.
This brings to 15 the number of jurisdictions on the annex I blacklist, the other five being American Samoa, Guam, Samoa, Trinidad and Tobago, and US Virgin Islands.
Barbados, United Arab Emirates and Marshall Islands were on the original 2017 blacklist before being moved to annex II in recognition of commitments made, which they have since failed to follow up.
A further 34 countries remain on the lower-risk annex II, where their progress towards compliance with good governance criteria will be monitored during 2019. These countries are: Albania, Anguilla, Antigua and Barbuda, Armenia, Australia, Bahamas, Bosnia and Herzegovina, Botswana, British Virgin Islands, Cabo Verde, Costa Rica, Curacao, Cayman Islands, Cook Islands, Eswatini, Jordan, Maldives, Mauritius, Morocco, Mongolia, Montenegro, Namibia, North Macedonia, Nauru, Niue, Palau, Saint Kitts and Nevis, Saint Lucia, Serbia, Seychelles, Switzerland, Thailand, Turkey, and Vietnam.
