Council updates the EU list of non-cooperative jurisdictions for tax purposes
The Council has removed Panama and Viet Nam from Annex I of the EU list of non-cooperative jurisdictions for tax purposes, moving them to Annex II pending further reviews. Belize has also been removed from Annex II. The main list now contains eight jurisdictions. Financial institutions should review jurisdictional tax-risk assessments and applicable national defensive measures.
Related updates
European Council conclusions on competitiveness, the next MFF, enlargement and reforms
The Council of the EU press release page referencing European Council conclusions on competitiveness, the next multiannual financial framework (MFF), and enlargement and reforms was not accessible at the time of capture; only a browser-verification interstitial was returned. The URL indicates a European Council conclusions package covering three interconnected policy strands. Compliance officers should retrieve the official conclusions directly from the Consilium press register before assessing any downstream impact.
16 Oct 2026
EU Council Lists Individuals and Entities for Circumventing Sanctions
The Council of the EU has announced the designation of individuals and entities accused of circumventing EU sanctions, in a press release published on 15 October 2026. The listings extend restrictive measures to actors involved in sanctions evasion and require compliance teams to update screening and due diligence controls. The full text of the release could not be retrieved at the time of drafting and should be verified against the Official Journal.
15 Oct 2026
Council approves conclusions on inclusive democratic participation and societal resilience
The Council of the European Union has approved conclusions on inclusive democratic participation and societal and community resilience, published as a Council press release dated 13 October 2026. Council conclusions are non-binding political texts that express the common position of the 27 member states and typically invite follow-up action from the Commission. They create no direct compliance obligations for regulated firms, but signal the direction of EU policy debate in areas touching on governance, social factors and resilience.
13 Oct 2026