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The European Parliament is expected to approve creating an EU blacklist of banks that fail to detect and block transfers to terrorist organizations when it votes on several nonbinding recommendations designed to choke off revenue streams to such groups, say sources. On Wednesday, a bipartisan panel of lawmakers completed a review of nearly 20 proposed recommendations for the European Commission, the European Union’s executive body, to combat terrorist financing more effectively, including measures that would require better tracing of artwork that enters the bloc from jihadist-controlled territories and push officials to implement previous plans for an independent EU terrorist finance...