In the past couple of months, sanction list screening has become one of the most critical compliance tasks. A single question has triggered much of the change: “Are my business partners and other third parties I deal with really sanctioned?”… Continue Reading
Posts Tagged: European Council
I have commented previously on the role that whistleblowers have to play in the context of alerting the appropriate authorities or corporate governance structures of apparent acts of money laundering, fraud or corruption.… Continue Reading
The European Union Tuesday named 17 countries and territories to its first-ever blacklist of tax havens.
Forty-seven other countries were grey-listed but have committed to meeting EU standards.
The EU designated a country or territory as a “non-cooperative jurisdiction” primarily by measuring the transparency of its tax regime, its tax rates, and whether it has agreed to make improvements.… Continue Reading
Following the acts of war in Paris this weekend, as the sirens continue ringing in the city, it becomes even more obvious that the Member States can no longer throw rocks at the European Union while thinking they can recreate internal borders and live in quasi-autarky.… Continue Reading
The European Parliament passed a new law on April 15 to force about 6,000 EU companies to disclose information about environmental compliance, human rights, bribery and corruption.