TAX3 Mission to Estonia and Denmark

TAX3
Tallin (Estonia) and Copenhagen (Denmark)
TAX3 Mission to Estonia and Denmark - 6 to 8 February 2019 TAX3 Mission to Estonia and Denmark - 6 to 8 February 2019
TAX3 Mission to Estonia and Denmark © Image used under the license from Shutterstock.com

Further to a hearing held in the European Parliament on "Combatting money laundering in the EU banking system", in which representatives of Danske Bank took part, the Special Committee on Financial Crime, Tax Evasion and Tax Avoidance (TAX3) decided to send a delegation to Estonia and Denmark to study more in detail the money laundering scandal involving Danske bank in Denmark and its subsidiary in Estonia.

The delegation will also deal with the eventual Estonian and Danish dimension of the CumEx scandal.

Within this framework, a committee delegation, led by the chair of the TAX3 Committee, Mr Petr Jezek (ALDE), and consisting of the TAX3 co-rapporteurs, Mr Luděk Niedermayer (EPP) and Mr Jeppe Kofod (S&D) and other five significant Members of the TAX3 Committee, will engage with stakeholders on the application and enforcement of EU prudential supervision and anti-money laundering legislation in both countries. The delegation will meet, amongst others, with journalists, Danske Bank representatives, the national supervisory and enforcement authorities of both countries, the Estonian Minister of Finance, the Danish Minister for Industry, Business and Financial Affairs and Members of the Danish parliament.