For the S&D Group the fight against money laundering and the financing of terrorism are top priorities

Money in an envelope to finance terrorism

Regarding the European Parliament’s vote today on the proposed delegated regulation adding Sri Lanka, Trinity & Tobago and Tunisia to the list of countries that present strategic risks, and which could be a significant threat to the EU finance system, S&D Group vice-president responsible for parliamentary affairs, Maria João Rodrigues, stated:

“The fight against money laundering, as well as against terrorism and its financing, are key political priorities of the S&D Group.

“The S&D Group is strongly dissatisfied with the Commission’s working method which has led to an incomplete list singling out Tunisia, while so many countries worldwide have a more problematic record regarding the issues at stake. We again urge the Commission to develop an assessment methodology of its own, with full involvement of the EP, instead of relying on external information sources.

“Tunisia is, and remains, a privileged partner of the European Union. Tunisia has managed to implement a political transition in many respects unique, and this in spite of socio-economic difficulties, regional instability and the threat of terrorism. The S&D Group recognizes the progress made by Tunisia since 2015, both when it comes to adaptations and engagements regarding money laundering and the financing of terrorism.
         
“The S&D Group insists that, the moment conditions are fulfilled, Tunisia be removed from the list of countries that present strategic risks as soon as possible.

“Under no circumstances should the delegated regulation have a negative impact on the privileged EU-Tunisia partnership including the political and financial commitments made.”