European Parliament Adopts Final Report and Recommendations in the “Panama Papers” Affair

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Friday, October 27, 2017
Author: 
Michael Plachta
Volume: 
33
Issue: 
11
Abstract: 
On October 18, 2017, the Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA Committee) approved its final report by 47 votes to 2 with 6 abstentions, after an 18-month probe into breaches of EU law in relation to money laundering, tax avoidance and evasion. The committee also approved the inquiry recommendations, by 29 votes for to 2 votes against, with 18 abstentions.