Dear friends, dear interested, Europe is facing an unprecedented social and economic shock, brought about by the devastating effects of the coronavirus. Many Europeans have lost their incomes, their homes, their security, and even their loved ones, but Roma communities throughout the continent have been particularly hard hit. Because of its explicit objective to […]
MiFID success: Pushback for financial deregulation
On Wednesday, 28 October 2020, the Committee for Economic and Monetary Affairs (ECON) of the European Parliament adopted its position on the so-called “MiFID quick fix” which amends the Markets in Financial Instruments Directive (MiFID). The MiFID sets the key rules for stock exchanges, financial trading platforms, consumer protection in financial markets and rules for […]
Important step against golden passports: EU Commission starts infringement proceedings against Malta and Cyprus
Today, the EU Commission starts infringement proceedings against Malta and Cyprus to stop their golden passport programmes which allow them to acquire citizenship through investment or real estate purchases. Research, such as the reports recently published by Al Jazeera on Cyprus, show that such programs attract criminals and convicted offenders from around the world and […]
POSTPONED: Webinar “Deregulation For Future? – An agenda for financial regulation during the pandemic & beyond” – Tue, 20 Oct 8-10 pm CEST
Dear friends, dear interested, Thank you very much for your interest in our webinar “Deregulation For Future?” with Daniela Gabor and William White, which was scheduled for tomorrow, 20 October 2020, at 8 pm CEST. Unfortunately, due to health reasons the webinar has to be postponed. We will schedule a new date for our webinar […]
Cypriot passport sales on hold: Interim success in the fight against corruption and money laundering
In response to the revelations of Al Jazeera, the Cypriot government yesterday declared that it would end its citizenship acquisition programme on November 1. Al Jazeera had shown through undercover investigations that senior officials and politicians were helping criminals to circumvent the rules in order to obtain an EU passport. The expiration of the current […]
Leak on Cypriot Golden Passports: Unscrupulous mafia-like structure in EU member state
A new investigative research by Al Jazeera reveals how high-ranking Cypriot politicians, lawyers and real estate companies are involved in the sale of EU passports to convicted non-EU citizens with criminal records. The revelations are part of the “Cyprus Papers” leak, which contains 1,400 documents. Cyprus has programmes for obtaining residence permits and citizenship through […]