Ad
Washing machines: MEPs are set for a committee vote on the anti-money laundering directive on 13 February (Photo: BLPerk)

Time for action on financial transparency

On 13 February the European Parliament will have a once-in-a-decade opportunity to vote for legislative revisions to the current EU Anti-Money Laundering Directive (AMLD).

If implemented correctly, a revised AMLD could have a tremendous impact on the battles against corruption, drug trafficking, tax evasion and a slew of other criminal activities all currently facilitated by the ease in which money can still be laundered in Europe today.

The draft EU AMLD would, in part, require a...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Washing machines: MEPs are set for a committee vote on the anti-money laundering directive on 13 February (Photo: BLPerk)

Tags

Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Ad

Related articles

Ad
Ad