US EditionEU Weighs Adding Russia to Money Laundering ‘Grey’ List
- The European Union is considering adding Russia to its 'gray list' of countries with inadequate anti-money laundering controls as of early June 2025.
- This proposal follows Russia's 2023 suspension from the Financial Action Task Force after its invasion of Ukraine and aligns with renewed pressure from EU lawmakers.
- Officials from the European Commission reported a delay in the final decision due to internal administrative procedures, while discussions continue amid resistance from Russia-aligned states.
- Markus Ferber, a German MEP, noted strong backing for adding Russia to the list, which would enforce tighter regulations on financial dealings with Russian entities.
- If implemented, the listing could further isolate Russia from global financial markets and increase the operational burden for banks handling Russian transactions.
12 Articles
12 Articles
EU considers adding Russia to money-laundering 'gray list,' Financial Times reports
Inclusion on the list would damage Russia's global financial standing and compel banks to apply stricter scrutiny to transactions involving Russian individuals or entities — raising compliance costs and increasing operational burdens.
The European Union is considering whether to add Russia to its “gray list” of countries with weak controls on money laundering.
EU Weighs Adding Russia to Money Laundering 'Grey' List
The European Union is contemplating listing Russia among countries with insufficient money laundering controls. Despite discussions, no final decision has been made, according to European Commission officials as reported by the Financial Times.
DECRYPTAGE - In a few weeks, the Principality could appear alongside Afghanistan and North Korea on the European list of countries that do not meet the anti-money laundering and anti-terrorist financing requirements.
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