The European Union recently released a list of the countries it feels aren’t improving their anti-money-laundering controls. The result is that individuals from these high-risk locations are subject to increased scrutiny by gambling operators.
The European Union (EU), through its European Commission (EC), regularly publishes a list of countries it feels aren’t doing enough to uphold global anti-money-laundering (AML) protocols. The EC released an updated list this month, including some familiar names.
The new list includes familiar names, such as Afghanistan, Barbados, Cambodia, the Democratic People’s Republic of Korea, Iran, Jamaica, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, and Zimbabwe. In addition, the EC added Burkina Faso, the Cayman Islands, Haiti, Jordan, Mali, Morocco, Myanmar, the Philippines, Senegal, and South Sudan this year.