Message from the Attorney General of Barbados - EU Delisting

On June 10, 2025, the European Parliament acknowledged the significant progress made by Barbados to strengthen the effectiveness of our legal and regulatory framework. This meant that Barbados was no longer perceived as a "high-risk third country" posing a threat to the Union's financial system. The Regulation on the foregoing entered into force on August 5, 2025 and therefore, as at yesterday's date, Barbados ceased to be on the EU Blacklist.  

It cannot be understated that Barbados anticipated that delisting would have come sooner, having addressed the recommendations arising from its last CFATF Mutual Evaluation report. Barbados was removed from the FATF's grey list in February 2024 and a few months later in that same year, resolved 5 technical compliance ratings, thereby ending the 4th round of mutual evaluations with an overall satisfactory scoring in 38/40 of the FATF Recommendations. This tremendous achievement was the result of hard work and commitment of public sector individuals and regulators, and also private sector players, and on behalf of the Government of Barbados, I extend my deepest gratitude.  

Barbados will continue to lobby for an EU process that brings fairness while re-doubling our efforts to strengthen our legal and regulatory framework to keep pace with the FATF Standards.