EURACTIV PR

An easy way of publishing your relevant EU press releases.

Panama Papers: many countries have failed to fight money laundering

Date

13 Oct 2016

Sections

Euro & Finance
Justice & Home Affairs

The EPP Group in the European Parliament criticises the "foot-dragging" of many countries when implementing existing international standards against money-laundering.

"Many countries have failed to effectively implement existing anti-money laundering rules. Before we call for new measures, the focus must be first on the effective implementation of the existing standards", said Dariusz Rosati MEP, EPP Group Spokesman in the European Parliament's Inquiry Committee on Money Laundering, Tax Avoidance and Tax Evasion.

Today's meeting of the Inquiry Committee “showed first of all the need for more transparency and international cooperation”, Rosati said after the meeting with experts from the United Nations (UN), the Organisation for Economic Co-operation and Development (OECD), the Committee on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) and of the European Banking Authority (EBA).

The process to agree on a blacklist must be speeded up.

Dariusz Rosati MEP

Rosati supports more pressure on countries who fail to implement international standards. “The European Commission set up a road map to create a ‘blacklist’ of tax havens and non-cooperative countries. The process to agree on such a list must be speeded up”, he said.

Jobs

Institute for European Environmental Policy (IEEP)
Head of communications
European Social Network
Policy and Fundraising Manager
European Helicopter Association EHA
Chairperson
E3G - Third Generation Environmentalism
Senior Associate in Central and Eastern Europe
European Programme for Integration and Migration (EPIM)
EPIM Programme Director
ALDE Party
HR Trainee
Permanent Representation of Ireland to the EU
Office Assistant
OSCE Office for Democratic Institutions and Human Rights (ODIHR)
Senior Adviser on Roma and Sinti Issues/Chief of CPRSI

EURACTIV Services