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Puerto Rico Financial Institutions Commissioner, George Joyner (GFR Media)
Puerto Rico Financial Institutions Commissioner, George Joyner (GFR Media)

The decision of the European Commission to include Puerto Rico in its list of "high risk" jurisdictions for potential money laundering and financing of terrorism arises from a flawed methodology, constitutes "an act of bad faith" towards the island and could have unnecessary consequences in multiple business activities, according to three experts.

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