#Saudi central bank governor sees no impact from EU terror financing move | ZAWYA MENA Edition

Saudi central bank governor sees no impact from EU terror financing move | ZAWYA MENA Edition:

Saudi Central Bank Governor Ahmed Al-Kholifey does not expect the EU’s decision to add his country to a list of “high risk” countries to have any impact for now, Al-Arabiya TV reported on Thursday.

The EU this week added Saudi Arabia, Panama and four US territories on Wednesday to a blacklist of nations deemed to be posing a threat to the bloc because of poor controls against terrorism financing and money laundering.

Earlier Saudi Arabia expressed its regret about the decision by the European Commission to place the Kingdom on a blacklist of 23 non-EU countries and territories accused of posing a high risk of money laundering and financing terrorism.