US EditionEU Weighs Adding Russia to Money Laundering ‘Grey’ List
- The European Union is evaluating whether to add Russia to its money laundering "gray list," according to a June 6 report by the Financial Times.
- This consideration follows Russia's 2023 suspension from the Financial Action Task Force and ongoing concerns over inadequate anti-money laundering controls.
- This week, the European Commission postponed its decision for internal administrative reasons while preparing to release an updated list of high-risk countries next week.
- German MEP Markus Ferber noted strong backing for adding Russia to the list, a move that would increase banking oversight and raise compliance costs.
- Including Russia would further isolate it from global financial markets and increase operational burdens for institutions handling Russian transactions if implemented.
14 Articles
14 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.
EU may target Russia’s financial reputation – FT
RT | June 6, 2025 The EU is considering adding Russia to its anti-money laundering “grey list” in an effort to cause reputational damage and increase financial pressure on Moscow, Financial Times reported on Friday. The blacklist includes countries that Brussels considers to have inadequate regulations against shady financial activity. Inclusion on the list would impose extra compliance requirements on banks and financial institutions dealing wi…
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