By KYIV. Oct 23 (Interfax-Ukraine) – Ukraine, on the opening day of a new plenary meeting of the Financial Action Task Force (FATF) in Paris, once again calls on this organization to blacklist Russia due to the further growth of risks to global financial security.
“Russia continues to systematically violate the group’s standards, in particular it cooperates and trades in weapons with countries blacklisted by the FATF – Iran and North Korea, and also recognized the financing of the terrorist organization PMC Wagner,” emphasized Minister of Finance of Ukraine Serhiy Marchenko.
He noted that Russia is making a mockery of FATF principles and using underhanded tactics to try to prevent further restrictive measures designed to counter the risks to global financial security that it poses.
“This blatant politicization of a neutral, rules-based process cannot go unnoticed. Russia should be blacklisted by the FATF, and a corresponding statement detailing the risks should be published to warn the international financial community,” the minister said.
The current FATF plenary meeting will last from October 23 to October 27. At the previous meeting on June 19-23, Ukraine’s proposal to blacklist Russia was not supported.
“The suspension of membership of the Russian Federation remains in effect… The FATF reiterates that all jurisdictions must remain vigilant against current and emerging risks associated with circumventing measures taken against the Russian Federation in order to protect the international financial system,” the final communiqué repeated its previous position organizations.
The Minister of Finance of Ukraine then criticized this FATF decision.
