Money laundering and tax evasion risks in free ports
Study
17-10-2018
Freeports are conducive to secrecy. In their preferential treatment, they resemble offshore financial centres, offering both high security and discretion and allowing transactions to be made without attracting attention of regulators and direct tax authorities. This study argues that the legal anti-money laundering and tax evasion framework in place in the EU (and elsewhere) is only partially effective in combatting money laundering and tax evasion.
Study
About this document
Publication type
Author
Keyword
- administrative cooperation
- art trade
- cooperation policy
- criminal law
- culture and religion
- customs cooperation
- economic geography
- EU customs procedure
- Europe
- executive power and public service
- FINANCE
- free movement of capital
- free zone
- GEOGRAPHY
- INTERNATIONAL RELATIONS
- LAW
- Luxembourg
- money laundering
- political geography
- POLITICS
- SOCIAL QUESTIONS
- Switzerland
- tariff policy
- tax evasion
- TRADE