At the start of what was supposed to be the final round of negotiations on the revision of the 4th 'anti-money laundering' directive on Wednesday 28 June, it was by no means clear whether an agreement was possible between the negotiators of the European Parliament and those of the Council of the EU.
Despite the European Commission's attempts to draw up a new compromise on the transparency of trusts, the Maltese Presidency of the Council of the EU is sticking to its guns. The MEPs met on...