The inquiry into Money Laundering, Tax Avoidance and Tax Evasion

This procedure involves a detailed investigation into how money laundering, tax avoidance, and tax evasion operate within the EU. It aims to identify systemic weaknesses that allow illicit financial flows and to propose stronger measures to protect the integrity of the financial system.

This affects financial institutions, multinational corporations, and tax authorities. The findings may lead to stricter reporting requirements and new regulations to prevent capital outflow and illegal tax schemes.