Laundering

The Balkany scandal lifts the veil on offshore mecanisms unknown to the public

Le 24 October 2019

FILE PHOTO: Mayor of Levallois-Perret Patrick Balkany is surrounded by journalists as he arrives for his trial at the Paris courthouse, France, May 13, 2019. REUTERS/Benoit Tessier/File Photo
The Balkany trial must not hide the role played by bank and financial intermediaries in the proliferation of illicit financial flows, antimoney laundering experts Chanez Mensous and Laura Rousseau say in the opinion pages of Le Monde newspaper. Convicted for tax fraud after a blaring trial, Levallois-Perret mayor Patrick Balkany was sentenced to four years […]

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European Commission “Tax transparency package”: when transparency continues to rhyme with confidentiality

Le 18 March 2015

Conseil de l'Europe © Mouvement Européen Lorraine
Wednesday, 18 March 2015 – Today, the European Commission published its new “Tax transparency package” in response to the Luxleaks scandal. If the proposed measures are in line with strengthening the fight against European tax evasion, the tax and judicial havens platform organizations report that confidentiality remains in place, which doesn’t meet the expectations of […]

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France proves to Europe: bank transparency is possible

Le 1 July 2014

1 July 2014 – In July 2013, thanks to civil society’s strong involvement and to the determination of some Members of the French Parliament, French banks have now the obligation to publish information on the activities carried out in the various countries where they are established. They had until 1 July 2014 to disclose the […]

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