Summary
The European Parliament objects to a new regulation identifying high-risk countries for money laundering, arguing that tax evasion must be included in the assessment. 10 19.01.2017
Other
finance
taxation
criminal law
administrative law
Key points
- The European Parliament formally objects to the Commission's regulation regarding the identification of high-risk third countries.
- The Parliament insists that the Commission must perform its own independent and unbiased assessment of country risks.
- There is a strong demand to include tax crimes and tax evasion as key factors in determining if a country is high-risk for money laundering.
- The Commission is urged not to rely solely on external information sources, such as the Financial Action Task Force.
Documents (PDFs)
MOTION FOR A RESOLUTION on the Commission delegated regulation of 24 November 2016 amending Commission Delegated Regulation (EU) 2016/1675 supplementing Directive (EU) 2015/849 by identifying high-risk third countries with strategic deficiencies
Objection to a delegated act: Identifying high-risk third countries with strategic deficiencies
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.