The European Commission has submitted its new 2021 legislative package on anti-money laundering (AML) and countering the financing of terrorism (CFT) to the co-legislators and the European Economic and Social Committee. In its opinion, adopted during the December plenary session, the EESC fully supports the proposals, but also stresses the urgency of implementing these measures and suggests key additions.
Economic and Monetary Union and Economic and Social Cohesion (ECO) - Related News
The EU is transitioning from a model driven by growth to one predicated on sustainability, where the real level of well-being and development of our society is taken into account.
An event organised by the European Economic and Social Committee (EESC) investigated what measures other than gross domestic product (GDP) could help the EU recover successfully and build a sustainable and resilient economy.
At the October plenary session, the European Economic and Social Committee (EESC) pointed to the importance of clearly identifying responsibilities in the NRRPs' implementation and to the need for a new emergency economic policy mix, which includes sufficient government spending.
The EU budgetary rules applicable in the Member States must be modified to make sustainable post-COVID-19 recovery possible. Pragmatic solutions need to be found. The focus must be on strengthening public investments for the green and digital transitions.
The European Economic and Social Committee (EESC) is contributing to the ongoing public debate with an event on the debt-equity bias; it assesses core elements such as the effects of this bias, its economic and social costs and ways of reducing it.
The recent leak of the Pandora Papers has brought the issue of fighting money laundering back to the fore. The European Economic and Social Committee (EESC) discussed this issue at a recent conference, in which the participants assessed the European Commission's new legislative package establishing a new ad hoc EU anti-money-laundering authority.
The European Economic and Social Committee (EESC) fully supports the Commission's recent measures aimed at setting standards for the definition of "sustainable economic activities", but points out that some elements may prove a complex and costly challenge, particularly for SMEs, and questions whether the current version of the Delegated Regulation is fit for purpose.
The hearing organised by the European Economic and Social Committee (EESC) highlighted the need for a reform of the EU budgetary rules applicable in the Member States in order to ensure a sustainable post-COVID-19 recovery and to secure the public investments required for the green and digital transition.
A hearing organised by the European Economic and Social Committee (EESC) discussed opportunities and challenges in the implementation of the National Recovery and Resilience Plans in the various Member States, revealing that civil society is still far from being effectively involved in the process. There were calls for improved consultations in the upcoming implementing phase, following the shortcomings at the drafting stage.