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Negotiations between the European Union and Monaco have taken a hit after top regulators voiced their concerns to the European Commission over the deal. After eight years of talks, the planned Association Agreements between the European Union and three non-member microstates Monaco, Andorra and San Marino may have been compromised.With j
hydrojug sport ust months until negotiations are expected to conclude in Monaco, Europes top finance regulators, who monitor EU banks, financial markets and the insurance and pensions sectors, have voiced concerns over the EUs stronger ties with the three nations, saying tighter relations could allow illegal money and unlawful practices to slip into the EU, threatening the blocs consumers.In a letter to the European Commission, obtained by Politico, the regulators reportedly say that the three microstates have historically maintained less rigorous financial regulations and may be prone to money laundering and other illicit activities .They add that companies may try to set up shop in the microstates in an attempt to take advantage of the lighter financial standards, which would create significant risks to consumers in the EU.This, they say, would undermine years of work in holding financial firms accountable in the fight against illegal activities.POLITICIANS REACTThe letter has raised alarm within the EU with Paul Tang,
stanley cup a Dutch MEP for the Socialists and Democrats, saying, Proper scrutiny and safeguards are essential to ensure we do
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owala pproximately 10:30 hrs today Thursday , an anonymous caller reported to Police in Berbice that he saw a man choking another individual on the road.A police rank responded to the report and proceeded to Lot 13 Goed Bananen Land, East Canje, Berbice, where he found Pooshandeo Rambaran, a 77-year-old pensioner, lying motionless.He was transported to the New Amsterdam Public Hospital, where a doctor pronounced him dead.The suspect, Ramjit Ranlall, a 48-year-old security guard of Adelphi Village, East Canje, Berbice, was arrested and is currently in custody assisting with the investigation.Share this:FacebookX
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