EU unveils new anti-money laundering package
21 Jul Industry & Finance

EU unveils new anti-money laundering package

Fresh proposals include creation of new Anti-Money Laundering Agency and single EU-wide rulebook
by Andreas Rogal
Issue 539 | 05 July 2021
05 Jul Industry & Finance
Issue 539 | 05 July 2021
5G Connectivity: Embracing the digital revolution
09 Jul Industry & Finance
5G Connectivity: Embracing the digital revolution
Rural Areas: Smart Villages are the future
24 Jun Industry & Finance
Rural Areas: Smart Villages are the future
The rise of day trading should be celebrated PM+
16 Oct Industry & Finance
The rise of day trading should be celebrated
Market volatility caused by the pandemic has brought about an unprecedented rise in day trading activity – however if the economy is to benefit in the long-term, and for traders to mitigate against the risk of personal losses, the practice needs to be professionalised, writes President & CEO of Select Vantage, Daniel Schlaepfer.
MEPs call for creation of EU financial crimes authority in wake of FinCEN Files scandal
09 Oct Industry & Finance
MEPs call for creation of EU financial crimes authority in wake of FinCEN Files scandal
European Commission pledges to step up fight against money laundering.
UK could gain Brexit trade deal ‘advantage’ by compromising on state aid, says leading think tank
09 Oct Industry & Finance
UK could gain Brexit trade deal ‘advantage’ by compromising on state aid, says leading think tank
Message comes as EU-UK talks extend into next week in last-ditch bid to find an agreement.
A New Circular Economy Action Plan for all
05 Oct Industry & Finance
A New Circular Economy Action Plan for all
Trade policy is the best way for the EU to promote the values of the European Green Deal and the circular economy, argues Svenja Hahn.
European Parliament’s new subcommittee sets sight on EU’s tax havens
02 Oct Industry & Finance
European Parliament’s new subcommittee sets sight on EU’s tax havens
Tax dodging costing EU Member States €1trillion a year in lost revenue, say MEPs.
FinCEN leaks a ‘wake-up call’ as new tax fraud committee gears up to start work
22 Sep Industry & Finance
FinCEN leaks a ‘wake-up call’ as new tax fraud committee gears up to start work
The revelations of the International Consortium of Investigative Journalists focus on the alleged failure of major international banks and supervisors to combat money laundering.
Von der Leyen ups ante on EU emission cuts
18 Sep Industry & Finance
Von der Leyen ups ante on EU emission cuts
European Commission president plans to increase the EU’s 2030 emissions reduction target to at least 55 percent has been met with a mixed response from environmentalists and industry.
Schrems II ruling puts European recovery at risk PM+
15 Sep Industry & Finance
Schrems II ruling puts European recovery at risk
A European Court of Justice ruling on data exchanges is a potential ‘bombshell’ for small businesses, warns Cecilia Bonefeld-Dahl.
S&D leader: Next seven-year EU budget falls short of what’s needed
23 Jul Industry & Finance
S&D leader: Next seven-year EU budget falls short of what’s needed
Iratxe García Pérez has warned that her group will not accept any watering down of conditionality on the compliance with democracy and rule of law.
How Europe can fight money laundering
20 Jul Industry & Finance
How Europe can fight money laundering
A stricter, more uniform approach to the EU’s antimoney laundering policies will be more effective in countering the financing of terrorism and other illicit activities, explains Eero Heinäluoma.
An EU citizens’ budget
10 Jul Industry & Finance
An EU citizens’ budget
The views of European citizens are conspicuously missing from the EU budget talks, yet they should be at the centre of them, argues Victor Negrescu.
EU leaders tell Member States it is ‘essential’ to agree on budget and recovery plan at summit
09 Jul Industry & Finance
EU leaders tell Member States it is ‘essential’ to agree on budget and recovery plan at summit
At least four Member States, “the Frugal Four”, remain opposed to the package, but the leaders of the main EU institutions have ratcheted up the pressure to reach an agreement in a week’s time.
Anders Fogh Rasmussen: Frugal Four will back EU budget and recovery plan ‘subject to concessions’
06 Jul Industry & Finance
Anders Fogh Rasmussen: Frugal Four will back EU budget and recovery plan ‘subject to concessions’
The former Danish Prime Minister’s comments come ahead of a key meeting on Wednesday, where EU leaders hope to break the current impasse over the €750bn Recovery Plan and the next long-term budget.
Selection process for new European Banking Authority chief branded ‘a joke’
01 Jul Industry & Finance
Selection process for new European Banking Authority chief branded ‘a joke’
Senior German MEP Sven Giegold says that MEPs will only be able to choose from a “one-man” shortlist which also lacks gender balance.
EU leaders mustn’t backtrack on Recovery Package, warns David Sassoli
19 Jun Industry & Finance
EU leaders mustn’t backtrack on Recovery Package, warns David Sassoli
There can be ‘no going back’ from level of ambition expressed in the Commission package, says European Parliament President.
Parliament should have say on €750bn recovery plan implementation, say MEPs
16 Jun Industry & Finance
Parliament should have say on €750bn recovery plan implementation, say MEPs
Fears have emerged that Parliament will be sidelined in how the recovery package is implemented and President David Sassoli has publicly stated the institution “must be fully involved.”
A sustainable and digital Europe is what Europe’s small businesses need
11 Jun Industry & Finance
A sustainable and digital Europe is what Europe’s small businesses need
And the EU’s SME Strategy is ready to help make that a reality, explains Kerstin Jorna.
A people-focused European recovery from Coronavirus
11 Jun Industry & Finance
A people-focused European recovery from Coronavirus
If we are to emerge from this crisis strengthened, the EU must focus on delivering a society without poverty and with social justice at its core, argues Kira Marie Peter-Hansen
Putting people first in Europe's Coronavirus recovery plans
10 Jun Industry & Finance
Putting people first in Europe's Coronavirus recovery plans
If the EU wants to emerge from the crisis as a winner, then it must invest in people, not big business, argues Agnes Jongerius.
Protecting the vulnerable in the job market
10 Jun Industry & Finance
Protecting the vulnerable in the job market
In the midst of the current crisis, much remains to be done to prevent unemployment from soaring and inequalities from widening further, writes Lucia Duriš Nicholsonová.
Supporting Europe's SMEs after the COVID-19 pandemic
09 Jun Industry & Finance
Supporting Europe's SMEs after the COVID-19 pandemic
Closing the SME financing gap will help mitigate the economic effects of the Cornavirus crisis, explains Alfred Sant.
Christine Lagarde tells Europe to brace for economic crisis of ‘unprecedented scale’
09 Jun Industry & Finance
Christine Lagarde tells Europe to brace for economic crisis of ‘unprecedented scale’
The President of the European Central Bank (ECB) was addressing a meeting of Parliament’s Economic and Monetary Affairs Committee.
eCommerce: how the EU can protect consumers online
08 Jun Industry & Finance
eCommerce: how the EU can protect consumers online
With people now shopping more online, it’s vitally important that platforms behave ethically and in a socially responsible manner, argues Maria Grapini.
European Financial and Economic Crime Centre to take on organised crime
08 Jun Industry & Finance
European Financial and Economic Crime Centre to take on organised crime
With a staff of 60 experts, the new Centre will tackle everything from fraud and corruption to money laundering and counterfeiting.