2 Amendments of Bill NEWTON DUNN related to 2012/0000(INI)
Amendment 13 #
Draft opinion
Paragraph 5
Paragraph 5
5. Urges the EU to enhance the transparency of beneficial ownership information and anti-money laundering (AML) customer diligence procedures; favoursinsists on an EU-wide harmonisation of the money-laundering offence, and calls for full implementation of Financial Action Task Force (FATF) standards, through effective monitoring and credible sanctions;
Amendment 17 #
Draft opinion
Paragraph 7
Paragraph 7
7. Stresses that insufficient transparency in financial reporting of multinational enterprises (MNEs) is a key factor which facilitates international tax evasion and avoidance; calls oninsists that the EU to strives towards the revision of the current accounting standards at the International Accounting Standards Board (IASB) and the introduction of regular country-by- country reporting as an international financial reporting standard for MNEs.