Commission strengthens transparency rules to tackle terrorism financing, tax avoidance and money laundering
EU News 240/2016
Strasbourg, 5 July 2016
The Commission has today adopted a proposal to further reinforce EU rules on anti-money laundering to counter terrorist financing and increase transparency about who really owns companies and trusts.
The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. The changes proposed today will tackle new means of terrorist financing, increase transparency to combat money laundering and help strengthen the fight against tax avoidance.
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