Press Release

More transparency to address terror financing and tax evasion

Brussels
, 28.02.2017 - 12:34
Corruption

"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 citizens and the financial sector. This also means tightening up the rules regulating virtual currencies and anonymous prepaid cards", said Krišjānis Kariņš MEP, Parliament's co-rapporteur on the review of the EU Anti Money Laundering Directive after today's vote in Parliament's joint committees on Economic Affairs and Justice and Home Affairs.

With the vote, the EU is moving one step closer to the agreement on a new law to better control financial flows from high risk third countries, to give more powers to EU financial intelligence, regulate national bank and payment account registers, and to tackle terrorist financing risks.

The measures are in response both to the 2015 Paris terror attacks and the April 2016 Panama Papers revelations.

After the terrorist attacks in Paris, the EU Institutions and national governments decided to step up their fight against money laundering and terrorist financing.

Note to Editors
The EPP Group is the largest political group in the European Parliament with 217 Members from 27 Member States

MEP Contacts

-
Krišjānis KARIŅŠ
BRU - Phone: +32 (0)2 2845205 Fax: +32 (0)2 2849205
Email: krisjanis.karins@europarl.europa.eu

Press Contacts

Daniel Köster
Press Relations Economy and Environment Working Group, Economic and Monetary Affairs, Austria; Communications Strategy
Phone: +32 487 384 784

Latest

Apple Inc.
21.06.2018 - 14:25

EPP Group wants black list of uncooperative companies

Offshore legal services provider Appleby and Baker McKenzie refuses to appear in Tax Evasion Committee "The lack of cooperation by certain...
Empowering Europeans’ petition drives
21.06.2018 - 10:45

Empowering Europeans’ petition drives

In a bid to help citizens petition the EU for legislation, a European Parliament committee has approved a plan to overhaul the European Citizens...
MEPs in Legal Affairs Committee back new copyright legislation
20.06.2018 - 16:15

MEPs in Legal Affairs Committee back new copyright legislation

In a vote in the European Parliament’s Legal Affairs Committee, MEPs have backed new EU copyright rules that are better adapted to the digital...
Cow eating grass
20.06.2018 - 16:02

Reducing risks of antibiotic resistance for humans

"This is a big step for public health. We will reduce the consumption of antibiotics in farm animals, which are an important source of...

Highlights of the week

25.06.2018 - 29.06.2018
Woman with cancer wearing scarf

EPP Group prioritises fight against cancer

The EPP Group will hold a conference discussing solutions in the fight against cancer. Cancer is one of the main health challenges many Europeans...
Facebook

Facebook under scrutiny once again

After the hearing with Facebook CEO Mark Zuckerberg, and the first hearing within the LIBE, AFCO, JURI and ITRE Committees, a second hearing will...
Flag of Hungary

Situation in Hungary

Members of the Civil Liberties, Justice and Home Affairs Committee will vote on the Report on the situation in Hungary. The vote will take place on...
Christian Nielsen