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Image header Agence Europe
Europe Daily Bulletin No. 11735
Contents Publication in full By article 12 / 34
ECONOMY - FINANCE - BUSINESS / Money laundering

European Parliament confirms that it wants total transparency for trusts and shell companies

The MEPs of the committees on civil liberties and economic and monetary affairs got what they wanted in their vote, on the morning of Tuesday 28 October, on their negotiating position on the anti-money laundering directive, which was proposed largely in response to the Panama Papers scandal. Most of the amendments tabled by the ALDE-S&D-GUE/NGL and Greens/EFA coalition were adopted.

The compromise amendment providing for information on the beneficial owners of shell companies and all trusts...

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