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European Commission Designates Russia as “High-Risk Third Country” Over AML/CFT Deficiencies
The European Commission has formally classified Russia as a “high-risk third country,” pointing to long-standing and systemic weaknesses in its anti-money laundering and counter-terrorist financing framework. The decision follows an in-depth technical assessment that drew on publicly available information, findings from authorities in EU member states, and evaluations conducted by the European External Action Service (EEAS). The Commission concluded that Russia’s financial sy
18 hours ago2 min read
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