About: anti-money laundering

Golden visas and passports still widespread in Europe, study finds

Citizenship and residence-for-pay schemes continue to be widespread across the EU, according to a new report, which calls on the European Commission to propose EU-wide rules to phase out golden passports while taking action against governments that operate schemes in breach of EU law.
Economy & Jobs 20-03-2020

Only five member states meet key money laundering deadline

A large majority of members states failed to introduce by 10 January public registers to reveal the true owners of all companies based in their countries, as part of the fight against money laundering, a report published on Friday (20 March) revealed.
Economy & Jobs 11-12-2019

‘Less action plans, more action’: EU Commission under fire over money-laundering overhaul

The European Commission said it would only consider money-laundering reforms after it completes a thorough assessment of the issue, dashing hopes the EU executive would act rapidly to crack down on dirty money flowing through the continent.
Economy & Jobs 05-12-2019

EU needs to focus on legislation in the digital sphere, MEP Angelika Niebler says

The EU has proven to be successful in legislating in the digital age but it needs to keep up the work to avoid being left behind, because "the digital revolution has been moving faster than legislation", MEP Angelika Niebler (EPP, Germany) told EURACTIV in a written interview.
Economy & Jobs 25-07-2019

More Europe needed to fight money laundering, Commission argues

The EU needs more competences to effectively fight money laundry, Vice-President for the Euro Valdis Dombrovskis and Commissioner for Justice Věra Jourová told reporters on Wednesday (24 July) during the presentation of a series of reports on financial crimes.
Economy & Jobs 02-04-2019

EU watchdog gains new powers to fight money launderers

Member states on Monday (1 April) approved giving new powers to the European Banking Authority (EBA) to fight money laundering and terrorism financing, as part of an improvement of the European supervisory agencies (ESAs).

After Saudi king’s letter, EU states move to block Commission’s dirty-money list

The adoption of a European Union money-laundering blacklist, which includes Saudi Arabia as well as Puerto Rico and three other US territories, is likely to be blocked by EU states under a procedure launched on Thursday (28 February), two EU sources said.

EU banking watchdog investigates Estonia and Denmark over Danske scandal

The European Banking Authority launched a formal investigation on Tuesday (19 February) to determine if Estonian and Danish authorities had failed to enforce EU rules that would have prevented one of the largest-ever money-laundering scandals affecting Danske Bank.

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