The fight against cross-border corruption set back by years In a decision published today, the Court of Justice of the European Union (CJEU) invalidates a provision of the 5th EU Anti-Money Laundering Directive that guaranteed public access to...
Transparency International today called on the European Commission to take immediate action after new research showed that EU Member States are failing to fully implement anti-money laundering legislation that calls for the introduction of public...
The FinCEN files, released yesterday by the International Consortium of Investigative Journalists (ICIJ) and BuzzFeed News, highlight the need for better anti-money laundering measures in the European Union in the form of an independent...
By Laure Brillaud and Maíra Martini On 24 July, the European Commission (EC) released a communication addressed to the European Parliament and the Council towards better implementation of current European anti-money laundering (AML) rules. In a...
Recent scandals from Panama Papers to the Russian Laundromat and the Paradise Papers have shown how current systemic weaknesses in anti-money laundering (AML) systems can be abused on a large scale. One of the main lessons is that nothing can be...
This article is based on the transcript of Transparency International EU’s Director Carl Dolan’s speech at the Euronest Parliamentary Assembly Meeting in Brussels on 27 June 2018. Thank you Chair, Honourable Members, I would like to...
Even though the importance of financial transparency is widely recognized, it seems unlikely that the German grand coalition would push public country-by-country reporting forward in the Council of the European Union, after Transparency...
Last Friday, December 15, after a 48-hour marathon ‘trilogue’ of negotiations between the three EU institutions a historic deal reinforcing beneficial ownership transparency within the EU has finally been signed. The revisions to the 4th...
Today, the EU has agreed to new anti-money laundering rules which will increase transparency around the ultimate owners of companies according to Transparency International EU. The long-awaited new rules are a breakthrough and a step closer to...
