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Spain lists Gibraltar and the Falkland Islands as money laundering havens

By Alisha Houlihan for AMLi

The Falklands/Malvinas and Gibraltar are among the latest countries and territories the Spanish government considers tax havens. According to the latest international concept of non-cooperative jurisdiction, they are suspected of engaging in money laundering operations.

The Spanish Bill to Fight Fraud revealed the revised concept includes 24 names for tax havens, including countries, territories, and so-called harmful fiscal regimes, down from 48 thirty years ago, according to The Merco Press.

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