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: […]

Today, 30 June 2021, the European Commission presented its plans for a revision of the Consumer Credit Directive. The directive has not been revised since its adoption in 2008, before the global financial crisis. With today’s proposals, the Commission wants to strengthen consumer protection, but also cut red tape for providers. Among other things, the […]

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 […]

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 […]