Today, departing Finance Commissioner Dombrovskis presented a legislative package on the digitalization of the financial system. This includes in particular a new strategy for payment services and a legislative proposal for the digital resilience of the financial sector. The legislative proposals for the regulation of crypto-assets in particular had been long awaited. The proposals stipulate […]
ESMA Report Cum-Ex/Cum-Cum: Preventing tax theft through European rules
Dear friends, dear interested, Today the European Securities and Markets Authority (ESMA) has issued its report on Cum-Ex / Cum-Cum & Co (euphemistically called “dividend arbitrage”). The report was requested by the European Parliament on initiative of us Greens, to assess these transactions of a cross-border nature. In particular, the European Parliament wanted more clarity […]
Start of the Tax Subcommittee in the European Parliament: Lift the blockade for tax justice in Europe
Today, Sept. 23 at 9am, the constitutive meeting of the new Tax Subcommittee of the European Parliament took place. In this meeting the committee Chairpersons were elected. The Chairman is Paul Tang (S&D). Kira Peter-Hansen is the third Vice-Chair for the Greens. Sven Giegold is coordinator for the Greens/EFA group in the new subcommittee. MEP […]
Webinar “A zero tolerance policy towards tax dumping & money laundering” with the Italian and German Finance Minister – Wed, 30/9/2020, 7-8 pm CEST
Recording here: By loading the video, you accept YouTube’s privacy policy.Learn more Load video Always unlock YouTuben Dear friends, dear interested, Negotiations are currently in full swing on the next EU budget and the Corona reconstruction programme. The EU has never seen such a large and ambitious budget. But the Corona crisis has also torn […]
FinCENfiles: Globalisation of crime needs European response
After months of research in 88 countries with more than 400 journalists involved, the International Network of Investigative Journalists ICIJ together with the US investigative media company BuzzFeed today published a new leak: For the first time, reports of suspected money laundering to the US anti-money laundering authority FinCEN (Financial Crimes Enforcement Network) provide an […]
Call for experts on the hearing of Commissioner-designate Mairead McGuinness before the Committee on Economic and Monetary Affairs
Dear colleagues, Dear friends, Last week, EU Commission President Ursula von der Leyen nominated the Irish Mairead McGuinness as future Commissioner for Financial Stability, Financial Services and Capital Markets Union. She is to succeed Valdis Dombrovskis from Latvia, who has been in charge of the portfolio since 2016 and is now expected to become Trade […]