The European Commissioner for Justice, Vera Jourova, is a troubled observer of the negotiations underway between the European Parliament and the Council of the EU on the proposed directive to reinforce the fight against money laundering (see EUROPE 11905). She is calling for a swift agreement, but not at any price.
“We need public transparency for companies and trusts”, the Commissioner told EUROPE on Monday 27 November. This is particularly true of trusts that have economic activities,...