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 […]
Important step towards a regulation of Bitcoin, Libra & Co.
Dear friends, Dear interested, Yesterday, on 10 September 2020, the European Parliament gave a strong signal to finally tackle the overdue regulation of Bitcoin, Libra & Co. at European level. At the moment these so-called crypto-assets are subject to insufficient or no rules at all, which has made them a romping place for criminals and […]
EU Climate Law: EU Environment Committee adopts strong emission targets for 2030 and enforceable right to climate protection
Dear friends, Dear interested, Again and again, important things happen in Brussels that hardly anyone notices. While climate change is coming to a dramatic head, Europe is currently deciding on an EU climate law which, as the centerpiece of the European Green Deal, will set the course for climate protection until 2050. Today, Friday, the […]
Citizenship for sale in Cyprus: EU-passports for criminals, money launderers and corrupt politicians from around the world
Dear friends, dear interested, The sale of European citizenships in Cyprus is a significant security risk for the EU and opens Europe to criminals. What had been feared for a long time has now been confirmed by a report by Al Jazeera for the case of Cyprus. The journalists have analysed leaked data from over […]
McGuinness to become Irish Commissioner: A convinced European for financial markets – questions remain
This morning, Commission President von der Leyen has proposed Mairead McGuinness as candidate to succeed the resigned Irish Commissioner Hogan to the Council and the European Parliament. McGuinness’ portfolio is financial services, financial stability and capital markets union. Commission Vice-President Dombrovskis takes over the trade portfolio from Hogan. The Irish government had proposed to the […]