Transparency International welcomes the new anti-money laundering directive and regulation, which the Council and the European Parliament announced an agreement on today. The new rules close many of the gaps in the EU’s anti-money laundering...
The European Parliament has voted by 595 to 12 with 45 abstentions to call for a phase-out of so-called golden passports, and for tighter regulation of so-called golden visas. These are schemes which have been used by kleptocrats, Russian oligarchs...
The recent revelations by the Organised Crime and Corruption Research Project (OCCRP) on the sale of a Cypriot golden passport to Jho Low, a corrupt Malaysian businessman accused of embezzling billions from the Malaysian sovereign wealth fund 1MDB,...
The Transparency International EU Office in Brussels (TI EU) is seeking a highly motivated intern for its anti-money laundering (AML) and asset recovery (AR) work. The Intern will work under the supervision of the Senior Policy Officer responsible...
The European Parliament will debate EU golden visas on October 22. Here are five questions we would ask the Justice Commissioner, if we were there. During tomorrow’s plenary session, the Members of the European Parliament “will quiz” the...
Transparency International welcomes the European Commission’s decision to launch infringement procedures against Cyprus and Malta over apparent breaches of Union law. The move follows multiple scandals surrounding the sale of citizenship to...
Need for legislative solution to golden visa programmes in the EU remains The government of Cyprus has announced that it will abolish its controversial citizenship–by-investment scheme as of 1 November 2020. The decision follows multiple...
The European Commission must take decisive action against Member States’ scandal-ridden ‘golden visa’ schemes, which a new leak of documents shows remain vulnerable to corruption and money laundering, Transparency International said...
Last October, together with Global Witness, Transparency International presented evidence secretive ‘golden visa’ programmes. Our joint report, European Getaway – Inside the Murky World of Golden Visas, explained how they have opened the...