As of today, 6 September, a new report is available on how European banks book part of their profits in tax havens to avoid paying taxes: according to the report by the EU Tax Observatory, 20 billion euros, or 14 percent of the banks’ total profits, are booked in tax havens per year. These figures […]
EU Budget 2022: Finance Committee calls for parts of budget for European Commission, Eurostat and IASB to be put in reserve
Today, 1 September, the Economic and Monetary Affairs Committee gave its opinion on the Commission’s draft EU budget for 2022. A vote was held on both a decision text and budgetary amendments. Crucially, the committee has the possibility to exert pressure by allocating or withdrawing funds in order to correct deficiencies or to strengthen or […]
Europe Calling Webinar: “Greening EU competition and state aid policy” – Tue, 13/07/2021, 12-13 hrs CEST
Recording: By loading the video, you accept YouTube’s privacy policy.Learn more Load video Always unlock YouTuben Dear friends and all those who are interested, The European Green Deal is supposed to make Europe a frontrunner when it comes to the green transformation of our economies. But in order to be able to fulfil the promise […]
The EU is getting an Anti-Money Laundering Authority! EU Commission plans big move with new legislative package
After numerous major money laundering scandals, now comes the EU proposal for a joint fight against money laundering throughout Europe, including an Anti-Money Laundering Authority! We have received internal documents from the European Commission on its planned legislative package against money laundering and terrorist financing. According to these documents, the legislative package comprises four proposals: […]
Unprecedented: Malta placed on the global grey list for money laundering
Today, June 25, Malta was placed on the FATF’s list of jurisdictions under increased monitoring, better known as the ‘grey list’. It is the first time that an EU Member State has been placed on this list due to increased and persistent money laundering and terrorist financing risks. The Financial Action Task Force (FATF) is […]
Important step against lobby influence: Ombudswoman investigates revolving-door case at the European Investment Bank
Dear friends and all those who are interested, This is a small but important victory against lobby influence in the European institutions! Today, 25 June 2021, the European Ombudswoman Emily O’Reilly has today launched an investigation into the latest revolving door case at the European Investment Bank (EIB). She will investigate whether the EIB imposed […]