This Monday in Luxembourg, the appeal of Antoine Deltour as well as his co-defendents Raphael Halet und Edouard Perrin will begin. The former employee of PwC was, in cooperation with Halet and the journalist Perrin, the whistleblower behind the so-called Luxleaks scandal. He is accused of data theft and the transmission of business secrets. In […]
Revision of 4th AMLD: Comprehensive Green approach for fighting money laundering in the EU
This week, members of the European Parliament’s committees on Economic and Monetary Affairs (ECON) and on Civil Liberties, Justice and Home Affairs (LIBE) have tabled their amendments for the review of the EU’s rules to fight money laundering and counter terrorist financing. In response to the terrorist attacks in Paris and Brussels as well as […]
Invitation: Screening of the documentary “Luxleaks: the Antoine Deltour Case”
Screening of the documentary “Luxleaks: the Antoine Deltour Case” Two whistleblowers revealed the Luxleaks scandal in November 2014. Thanks to Antoine Deltour and Raphael Halet and the support of the International Consortium of Investigative Journalists (ICIJ), we learned about sweetheart tax deals (so-called “tax rulings”) that the auditing firm PricewaterhouseCoopers concluded with the Luxembourgish tax […]
Retail financial services: European Parliament makes a strong call for a take-off on green finance
The European Parliament’s plenary voted yesterday on its proposal for the EU’s future work on retail financial services, such as insurances, investment products or payment services (the so called “Green Paper on Retail Financial Services”). This Green Paper, adopted in December 2015, sets the stage for the EU’s measures and legislative initiatives to allow consumers […]
Letter to President Juncker on the Commission’s Code of Conduct
Letter to President Juncker and the College of Commissioners on the Commission’s Code of Conduct [Download as pdf] Brussels, 14 November 2016 Dear Commission President Jean Claude Juncker, Dear Commissioners of the European Union, In the wake of the public outrage caused by the revolving door move of José Manuel Barroso to Goldman Sachs, we […]
Financial services (PRIIPs): European Parliament and Commission discussed signposts for putting EU rules for complex investment products in practice
Yesterday evening, the Members of the European Parliament (MEPs) in charge of negotiating the detailed rules which aim at setting the PRIIPs regulation in practice, met representatives of the European Commission for further discussions. In this way, the two parties ensured that a constructive working process would go on, after the plenary of the European […]