European Parliament’s PANA Committee to visit Switzerland
Bern, 15.09.2017 - The Swiss authorities will receive a delegation from the European Parliament's PANA Committee on 15 September. The focus of the talks will be the current system and the ongoing work to combat money laundering, terrorist financing and tax offences.
The delegation of this fact-finding visit consists of 17 members. The State Secretariat for international Finance Matters (SIF) will receive the members of the European Parliament together with representatives of the Swiss Financial Market Supervisory Authority (FINMA) and the Federal Office of Police (fedpol). Furthermore, during their visit, the European delegation will also meet representations, namely from the Swiss Parliament, financial sector, lawyers and non-governmental organisations (NGOs).
The PANA Committee was set up by the European Parliament in June 2016 as a result of the revelations in connection with the "Panama Papers". It was charged with investigating the application of European law to combat money laundering and tax avoidance in the member states, as well as measures taken in non-member countries. The Committee has already visited the United Kingdom, Malta, Luxembourg, the USA, Portugal and Cyprus. At the end of the year, it must present its comprehensive report to the European Parliament.
Address for enquiries
Frank Wettstein, Communications, State Secretariat for International Financial Matters SIF
Tel. +41 58 462 38 56, frank.wettstein@sif.admin.ch
Publisher
Federal Department of Finance
https://www.efd.admin.ch/efd/en/home.html
