Transparency International EU welcomes the outcome of a European Ombudsman inquiry, which has found that European Banking Authority (EBA) should not have allowed its former Executive Director, Adam Farkas, to become the head of a large financial...
By Laure Brillaud and Maíra Martini Recent money laundering scandals have shown how indispensable European banks and other intermediaries have been in helping – either knowingly or negligently – design and run dodgy schemes. This casts serious...
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...
Transparency International urges EU Member States not to bow to pressure from named countries to reject the EU’s first independent anti-money laundering blacklist when they meet in Brussels this Thursday. The list of 23 blacklisted jurisdictions...
The European Commission said today that schemes that sell citizenship and residency to the super rich, known as ‘golden visas’, threaten the EU’s collective security and integrity. The Commission’s report states that the citizenship schemes...
The EU should not unfreeze the assets of a Tunisian businessman and son-in-law of the former Tunisian president Zine el Abidine Ben Ali, Transparency International said today. Following a request from the Tunisian Ministry of Foreign Affairs,...
Authoritarian governments meddling with elections and institutions of liberal democracies has been a major talking point for governments and citizens alike across the globe over the past couple of years. One high-profile case is the investigation...
Brussels, 10 October 2018 – The doors of Europe are open to criminals and the corrupt, thanks to lax, opaque, and mismanaged ‘Golden Visa’ schemes, according to a report released today by Transparency International and Global Witness. The two...
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...
