The Government says it notes, “with disappointment”, the European Parliament’s objection, today, to the entry into force of the European Commission’s decision to remove certain jurisdictions, including Gibraltar, from the EU’s list of ‘high-risk’ third-countries with strategic deficiencies as regards anti-money laundering and counter-terrorist financing (“AML/CFT”).
Reacting to misleading reports in parts of the Spanish media yesterday afternoon about the outcome of Transport Council meetings earlier today, the Chief Minister, Fabian Picardo said: "Reports in some media are inaccurate. The Treaty position remains firm. We will continue to work with the UK and future Presidency to reach a position which is compatible with EU law."