Caribbean Slams EU’s Blacklisting as a ‘Threat to Economic Well-Being’

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Leaders of the Caribbean governments criticised the on-going blacklisting of some Member and Associate Member States by the US and EU at CARICOM’s meeting last week; describing their actions as “a clear and direct threat to their economic well-being”.

A spokesperson for the meeting stated that the views of the Caribbean Jurisdictions felt that the “regulatory measures for tax transparency, set by the recognised global authority were unacceptable and that the actions taken so far to achieve compliance were being disregarded by those who imposed arbitrary regulations with respect to tax governance and anti-money laundering.”