Tunisia deplores its blacklisting as country at risk of money laundering and terrorist financing | Tunisia News Gazette

Tunisia deplores its blacklisting as country at risk of money laundering and terrorist financing

Tunisia deplored Wednesday the decision of the European Union Commission to blacklist it as a country at high risk of money laundering and terrorist financing.

“This decision is unfair, hasty and unilateral,” said Tunisia in a Foreign Ministry press release.

The approach taken by the European Commission to make this decision had been “unfair and hasty,” regretted Tunisia.

“Without a financial evaluation system, the European Commission adopted the report prepared by the Financial Action Task Force for the Middle East and North Africa (FATF / MENA), while Tunisia had voluntarily acceded to the system of assessment of this group and undertaken to implement an action plan that provides for a set of commitments to improve its legal and financial system before the end of 2018,” the press release reads.

“Tunisia has taken important steps in the implementation of this action plan,” the same source specified.

While reaffirming its attachment to the “strategic nature” of its relations with the European Union and its commitment to continue the process of fundamental reforms, Tunisia expressed wish that its name would be removed from this list immediately, in the light of the Tunisian government’s hard work to honour its national and international commitments and to the FATF.

In this press release, Tunisia also expressed wish that the European Union avoid in the future to make such unilateral decisions that oppose the principles of privileged partnership.

The vote of 357 MEPs in favour of the motion to reject the inclusion of Tunisia and two other countries in the list of third countries at high risk of money laundering and terrorist financing is a token of recognition to the efforts constantly exerted by to establish its institutions and strengthen its legal and financial systems in fight against money laundering and terrorist financing, according to the same source.

Source: TAP News Agency

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