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European Parliament Pushes Back on EU Commission’s Updated Anti-Money Laundering Blacklist
Tensions are rising between the European Parliament and the European Commission over a controversial update to the EU’s anti-money laundering (AML) blacklist, as lawmakers continue to resist efforts to remove certain jurisdictions including the United Arab Emirates, Panama, and Gibraltar.
The updated list, published by the European Commission earlier this month, proposes adding countries such as Algeria, Angola, Kenya, Monaco, and Venezuela, while simultaneously delisting Barbados, Panama, the UAE, and Gibraltar. However, the changes cannot take effect without the approval of both the European Parliament and the Council—and the Parliament remains unconvinced.
Members of the European Parliament (MEPs) are questioning the rationale behind the delisting of jurisdictions accused of enabling financial misconduct and potentially assisting in the evasion of EU sanctions against Russia. In a resolution adopted in April 2024, Parliament firmly opposed the Commission’s proposal, arguing that some of the countries slated for removal continue to act as hubs for sanction circumvention.
“Those countries may act as platforms for circumvention of sanctions for Union entities, directly or indirectly, thus undermining the Union’s efforts in stopping the Russian war machine,” the resolution warned.
Speaking at a sparsely attended committee meeting in Brussels on Monday, EU Commissioner for Financial Services Maria Luis Albuquerque acknowledged the impasse and defended the Commission’s position. She stressed that the blacklist was the result of over a year of analysis, bilateral dialogues, and on-site evaluations—not simply a duplication of the Financial Action Task Force (FATF) list, as some MEPs have alleged.
“Our aim is to align with FATF without compromising the integrity of our process,” said Albuquerque. “The lack of alignment over the last 18 months has become a significant irritant in our international partnerships. It weakens our influence and creates confusion for European entities applying AML rules.”
However, lawmakers were not persuaded. MEP Luděk Niedermayer (EPP/Czechia) criticized the Commission for insufficient engagement with Parliament. Meanwhile, German Socialist Birgit Sippel accused the Commission of “copy-pasting” FATF decisions, dismissing the supposed strategic dialogues as unconvincing.
Albuquerque warned that the EU’s failure to adopt a unified list poses broader risks. “Conflicting blacklists increase compliance costs for EU operators and damage our global competitiveness,” she said.
Despite her appeals, the updated list remains stalled as Parliament continues to press for stricter scrutiny—particularly amid ongoing concerns about money laundering, sanctions evasion, and reputational harm to the bloc’s financial system.
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Suspected Drone Strike Hits UK Base in Cyprus Amid Escalating Iran Conflict
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Cruise Passengers Stranded Amid Escalating Middle East Crisis
The Persian Gulf is currently characterised by hostilities. The Strait of Hormuz is closed to shipping, with only vessels connected to China or Russia allowed to pass. The escalating crisis in the region has left thousands of tourists stranded on cruise ships and disrupted air travel.
On Sunday afternoon, a missile struck the water near the Mein Schiff 4, operated by TUI Cruises, while the ship was docked in Abu Dhabi, United Arab Emirates. Clouds of black smoke were reported over the water, according to the Bild newspaper. The vessel carries approximately 2,500 passengers and 1,000 crew members, with many due to return to Germany from Dubai. The situation on board is tense, and it is not yet clear if anyone was injured.
Security measures on the ship remain strict. Passengers are prohibited from entering outside decks, are advised to avoid windows, and receive regular alerts on their smartphones about potential incoming missile threats.
A sister ship, Mein Schiff 5, berthed in Doha, Qatar, is also affected. Passengers attempting to fly home from Doha on Saturday were forced to return to the ship after flights were canceled. Many had already boarded aircraft and had to leave luggage at the airport, waiting around ten hours before being taken back to the ship in the evening.
Other cruise lines are similarly affected. Six vessels are currently docked across ports in Dubai, Abu Dhabi, and Doha. These include the MSC Euribia from MSC Cruises, the Celestyal Discovery and Celestyal Journey from Celestyal Cruises, and the Aroya from the Saudi operator Aroya Cruises.
The closure of airspace in multiple countries in the region has compounded the situation, preventing passengers from flying home. Thousands remain stranded, unsure when they will be able to continue their journeys or be evacuated safely.
The crisis follows US and Israeli strikes in the region on Saturday, which prompted retaliatory attacks by Iran targeting military positions in the Persian Gulf. Cruise passengers, many of whom expected a calm holiday, have instead faced a sudden escalation in regional tensions.
Authorities in ports and embassies are coordinating with shipping companies to maintain safety and provide updates, but the rapidly evolving security situation has made evacuation and travel plans uncertain. Tourists are advised to follow official guidance and avoid unnecessary movement on or around their vessels.
The disruption highlights the wider impact of escalating hostilities in the Gulf, affecting not only commercial shipping but also tourism and international travel. Passengers on affected cruise ships and flights face prolonged delays as authorities work to stabilize the situation and ensure safety in the region.
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Azerbaijan Commemorates Khojaly Massacre with New Memorial and National Ceremony
Azerbaijan held nationwide commemorations on Thursday to mourn the hundreds of civilians killed in February 1992 in the town of Khojaly during the Karabakh conflict with Armenia. President Ilham Aliyev led the ceremonies, inaugurating a new Khojaly Genocide Memorial Complex in Baku to honor the victims of what he described as “the greatest tragedy for the Azerbaijani people.”
Thousands of people gathered at the Khojaly Massacre Memorial in Baku for the National Day of Remembrance. A minute of silence was observed across the country as citizens paid tribute to those who lost their lives over 30 years ago.
Azerbaijani authorities state that 613 civilians, including women and children, were killed when Armenian forces, with the support of the former Soviet Union’s 366th Guards Motor Rifle Regiment, attacked Khojaly. Dozens more were reported missing or injured during the assault, which occurred amid the war between ethnic Armenian forces backed by Armenia and Azerbaijani troops over the Karabakh region and surrounding areas.
Human Rights Watch conducted its own investigation into the incident, attributing direct responsibility for the civilian deaths to Karabakh Armenian forces. Armenia has repeatedly denied the accusations, arguing that the reported death toll was exaggerated and that casualties resulted from fighting between the two sides.
Despite differing accounts, the Khojaly tragedy remains a deeply significant event in Azerbaijan’s collective memory. Commemorations continue to emphasize the human cost of the conflict and the impact on generations of Azerbaijanis.
This year’s ceremonies took place against the backdrop of a peace and reconciliation process between Azerbaijan and Armenia. Both nations have pledged to work toward a more stable and peaceful future following decades of conflict and suffering on both sides.
President Aliyev emphasized the importance of remembering the past while looking forward. The newly inaugurated memorial complex aims to provide a permanent site for reflection, ensuring that the victims of Khojaly are remembered by future generations.
The National Day of Remembrance has become a focal point for public reflection and national unity, drawing participants from across Azerbaijan. Observers note that the ceremonies serve both to honor the victims and to reinforce awareness of the historical and ongoing challenges in the Karabakh region.
Over 30 years after the massacre, Khojaly continues to hold a central place in Azerbaijani history. Thursday’s events highlighted the nation’s efforts to commemorate the past while supporting dialogue and cooperation with Armenia to foster lasting peace in the South Caucasus.
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