Fight against money laundering and terrorist financing: listing Russia as a high risk third country in the EU

This procedure concerns the EU's efforts to combat money laundering and the financing of terrorism. It proposes to identify Russia as a high-risk third country, which would trigger enhanced scrutiny and measures to prevent illicit financial flows. This action aims to strengthen the EU's financial security and prevent its system from being exploited for illegal purposes. It will affect financial institutions and potentially international transactions involving Russia.