3 days ago
British Virgin Islands, Bolivia Poised to Join Dirty Money List
By Ben Bartenstein, , and Katarina Hoije
Save
The British Virgin Islands — a major offshore finance hub — and Bolivia, home to one of the world's largest lithium deposits, are at risk of inclusion on a global ' gray list ' for not making enough progress to stem illicit flows of money.
The Paris-based Financial Action Task Force is expected to add both jurisdictions to its list as early as June 13, the last day of its joint plenary with the Council of Europe's anti-money laundering body Moneyval, people familiar with the matter said.
