Economic and Monetary Affairs

Bitcoins

New money laundering rules also apply to virtual currencies "It will get much tougher to remain unseen when doing shady financial...

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Savings

Today, the European Parliament approved the extension of the European Fund for Strategic Investments, referred to as EFSI 2.0. This extension...

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Palm growing from pile of euros

EPP Group calls for speeding up work on blacklists of tax havens and places used for money laundering "Normal citizens and companies pay...

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Businessman analyzing business data and using calculator

"Value added tax must be collected where the consumer is, not where the merchant is. A new VAT system must be based on such a destination...

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About

The Committee on Economic and Monetary Affairs is responsible for the economic and monetary policies of the Union, the functioning of Economic and Monetary Union and the European monetary and financial system. It also deals with the free movement of capital and payments and with rules on competition and state aid.

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Architect using drafting table
Press Release
22.03.2017 - 17:10

New sources of funding for innovative businesses

“New regulations for venture capital and social entrepreneurship funds adopted in the European Parliament’s Economic and Monetary Affairs Committee today will benefit small, innovative...
Corruption
Press Release
28.02.2017 - 12:34

More transparency to address terror financing, tax evasion

"The behaviour of criminals has not changed. They use anonymity to launder their illicit proceeds or finance terrorism. We have to make sure that the legislation addresses the threats to our...
Home floating on a life preserver
Press Release
08.12.2016 - 12:05

Securitisations: don't disguise credit risks for investors

EU Parliament regulates financial products which triggered US subprime crisis The European Union plans stricter rules for the financial market products which spread the US subprime mortgage crisis...
desktop calculator
Press Release
24.11.2016 - 12:29

VAT: EPP Group wants to reform 'prone to fraud' system

Parliament adopts 'action plan': VAT should be paid where the consumer is "A clear call to EU Member States to fight VAT fraud resolutely and jointly", stated Werner Langen MEP,...
London Skyline, Canary Wharf
Press Release
23.11.2016 - 09:31

Do not penalise European banks over American banks

The EPP Group has warned against penalising European banks over American banks when implementing the new plans of the Basel Committee, the international banking standard-setting board, into EU law...
Business Data Analyzing
Press Release
10.11.2016 - 11:24

Tax evasion: EP wants easier access to data

Tax authorities should receive equal and automatic access to anti-money-laundering information in all EU Member States. This new proposal to amend current EU legislation was approved today by the...

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