Joshua Kirschenbaum and NicolasVeron, (2019), “The European Union must change its supervisory architecture to fight money laundering”, 26 February
Money laundering scandals at EU banks, often linked to Russia, have become pervasive. Reform of anti–money laundering (AML) supervision is urgent. Illicit actors have repeatedly moved billions of dollars through individual banks. This flow sustains the Kremlin’s patronage system at home by serving as an outlet for elites while it simultaneously corrodes institutions, commerce, and politics in Europe.
Relevant Posts
- Paul Taylor, (2019), «Why the eurozone is going backwards», Politico, 4 March
- Marco Buti, Nicolas Carnot, (2018), «The case for a central fiscal capacity in EMU», VoxEU.org, 7 December