Today, the European Commission has released its long-waited Anti-Money Laundering (AML) package. This package is a major step-forward and implements key long standing demands of the Greens/EFA Group and the European Parliament. The package proposes a regulation that will transfer existing and strengthened AML provisions from previous directives. The package proposes setting up an EU […]
Green successes in FinTech regulation: Promoting innovation & protecting consumers
Dear friends, dear interested, There is news on consumer and investor protection in digital financial services! The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has just demonstrated how strict consumer protection can go hand in hand with innovation friendliness in the FinTech sector. The Committee’s position on blockchain-based trading systems combines strengthened investor […]
Europe Calling Webinar: “Greening EU competition and state aid policy” – Tue, 13/07/2021, 12-13 hrs CEST
Recording: 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 of the Green Deal, all policy areas must follow suit – including competition policy. For […]
G20 finance ministers to decide on global tax reform: EU must seize this opportunity for greater tax justice
Today and tomorrow, G20 finance ministers and central bankers are meeting in Venice to discuss plans for a global tax reform that is designed to ensure multinational corporations contribute more to the countries where they operate. The plans for a minimum effective corporate tax rate of at least 15% for large corporations with consolidated group […]
ECB’s monetary policy will become greener and more closely aligned with the daily experience of European citizens
Today, on 8 July 2021, the European Central Bank (ECB) presented the outcome of its Strategy Review. Over 18 months, the ECB had reviewed all elements of its monetary policy, trying to take into account the views of a broad range of stakeholders. The final decision was taken by the Governing Council yesterday. Initially, the […]
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: […]