Pandora Papers Report: The EP Votes

Pandora Papers reveal money laundering

Members of the European Parliament have voted on a report on the Pandora Papers, in the wake of the revelations by the ICIJ and others into global tax avoidance, evasion and money laundering. The report was an initiative of the Greens/EFA Group. For the first time, this report sees the European Parliament condemn the role…

EU Reviews Blacklist of Tax Havens

Pandora Papers

EU finance ministers have agreed on an updated EU list of tax havens. Despite the latest Pandora Papers revelations, the list has been shortened with Anguilla, Dominica and the Seychelles having been removed from the list. The Greens/EFA Group successfully secured a plenary debate on the Pandora Papers for October 6. Also on Thursday, MEPs will…

Consultation With the Regions Matters

CPMR Member Regions came together on 26 March for their spring Political Bureau meeting, with a strong focus on the role of regions for European recovery. As worrying signs on the lack of consultation and future involvement of regional authorities emerge in the drafting process of national recovery plans, the CPMR is sounding the alarm…

Tax Transparency

An informal meeting on Thursday of EU (COMPET) ministers is expected to give the greenlight to corporate tax transparency measures, known as country-by-country reporting (CbCR). The file, which has been blocked in the Council for the last five years, is long overdue and will mean large companies with a turnover of more than €750 million…

MiFID Quick Fix

The European parliament’s Committee for Economic and Monetary Affairs (ECON) of the European Parliament has adopted its position on the so-called “MiFID quick fix” which amends the Markets in Financial Instruments Directive (MiFID).  The MiFID sets the key rules for stock exchanges, financial trading platforms, consumer protection in financial markets and rules for the speculation…