Barbados has once again called on the European Union (EU) to put an end to its persistent black and grey listing of Caribbean Community (CARICOM) countries as non-cooperative tax jurisdictions.Barbados’ representative to the recent 61st Organisation of African Caribbean and Pacific (OACPS) Parliamentary Assembly and the 42nd African Caribbean Pacific (ACP)-European Union (EU) Joint Parliamentary Assembly in Maputo, Mozambique, Edmund Hinkson said he made the appeal on behalf of this country and other ACP States.“The EU has so far refused to budge on what it perceives as its right to continue its unilateral black and greylisting of countries in the CARICOM, Africa and Pacific regions as non-compliant states on ATM/CFT issues, even after they have come off the lists of the Financial Action Task Force (FATF) and the Organisation of Economic Cooperation and Development (OECD) and even although some EU member states are seriously in breach of their own standards but are not so listed,” said Hinkson, Parliamentary Representative for St James North.
