Today, the European Commission has published its watershed report on the threats posed by its members' Citizenship by Investment (CBP/CIP) Programs. entitled Report from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. Compliance officers are advised to take the time to review the entire 25-page white paper, which may be accessed here.
Chronicles of Monte Friesner - Financial Crime Analyst
Contributed by Kenneth Rijock - Financial Crime Consultant