Guam, other US territories in European Union’s dirty-money blacklist again

Guam, American Samoa, Puerto Rico and the U.S. Virgin Islands are included in the European Nation’s updated list of areas that are deemed hot spots for money laundering and terrorism financing.

The U.S. Department of Treasury rejected the inclusion of U.S. territories, calling into question the substance of the EU list and the “flawed” process by which it was developed.

The EU list is an update from a previous one released in 2017, following the 2016 publication of the Panama Papers, which

... read more at: https://www.guampdn.com/story/news/local/2019/02/13/guam-other-us-territories-european-union-dirty-money-blacklist-again/2866354002/

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