Possible discussion points
- How do we strike a balance between allowing robust systems and controls and preventative measures against money laundering and terrorist financing on the one hand, and protecting the rights of data subjects on the other?
- How can we ensure an efficient business environment and contribute to financial stability by protecting a proper functioning financial system?
- With respect to financial inclusion, applying an overly cautious approach might have the unintended consequence of excluding legitimate businesses and consumers from the financial system. How can we prevent this from happening without compromising the measures that exist for the purpose of combating crime?
- How shall we achieve consistency between the EU approach and the international one?
- To avoid reduced legal uncertainty, is it possible to harmonize the different applications of existing EU rules across the Member States?
- How could we tackle the inadequacies and loopholes with respect to current EU rules?
- How could we broaden the scope to also cover the whole gambling sector?
- How can we ensure cooperation between the different authorities and administrative bodies in order to fight these crimes?
- How can we ensure that beneficial ownership is fully declared and made available to obliged entities?
- What is an appropriate level and degree of flexibility of risk assessments?
- The potential for misuse of new technologies to conceal transactions and hide identity makes it important for Member States to be aware of technological developments. How could their preparedness in this respect be ensured?
- How can we combat tax evasion through mutual trust with non EU member states?
Dr. Krišjanis Kariņš Member of the European Parliament, Rapporteur – Prevention of the use of the financial system for the purpose of money laundering and terrorist financing
Tobias Mackie Policy Officer, Unit F2 – Corporate Governance & Social Responsibility, DG MARKT, European Commission
Carl Dolan Director, Transparency International EU
Jan-Coos Geesink Senior Vice President, Financial Crime & Reputational Risk, Thomson Reuters
Fabienne Weibel Director, Deputy Head of Government Relations EMEA, PayPal
Fabrice Borsello Chief AML Risk officer and Vice President, Western Union
Matthew Lanford Senior Business Leader, Head of Prepaid Europe, MasterCard
Moderator: Olivier Boutellis-Taft Chief Executive, FEE – Federation of European Accountants