Registries of beneficial owners in the European Union: Freedom of information or protection of privacy?
In Joined Cases C-37/20 and C-601/20, the Court of Justice of the European Union (CJEU) ruled that Article 1(15)(c) of the Directive 2018/843 (5th AML/CFT Directive) is invalid. The issue at stake was access to the registers of beneficial ownership by the general public in Member States. Under the provisions of the AML/CFT Directive, the public […]
TRACE Consortium meets in Tallinn
The EU funded TRACE project aims to trace illicit money flows in various organised crime schemes by utilisation of cutting edge AI technology. The TRACE Consortium met in Tallinn on 12-13 September 2022, to assess our progress and coordinate the upcoming tasks. The project meeting, kindly hosted by the Estonian Tax and Customs Board, started with a welcome from the Director General, […]
Optimising AI solutions for Law Enforcement Agencies – TRACE partners discuss development plans in Vienna
On 29 July 2022, the TRACE project technical partners (AIT) and socio-legal research partners (Coventry University and VICESSE) met at the Austrian Institute of Technology in Vienna. At this meeting, AIT presented the infrastructure and hardware of the TRACE technical /AI solutions and demonstrated their use and development in various scenarios, such as terrorist financing […]
Response of the EU-funded projects to the EC consultation on a proposed Cyber Resilience Act
The European Commission (EC) has issued a call for evidence for an impact assessment in connection with its proposed Cyber Resilience Act. In response to that call, this document represents the views of those listed at the end of this document. Principally, the list comprises the coordinators and partners of multiple EU-funded security projects. We […]
Money Laundering Via Non-Fungible Tokens
Editor’s note: This blog was first published at the Oxford Business Law Blog site. If you would like to hear more about this topic, please consider visiting our lecture “Non-Fungible Tokens (NFTs) in the art market: A new medium for money laundering?” at the CEPOL conference on the 9th of June, 14:30-14:50 CEST. When we think of art, what often […]
Insights from the first quarter to support LEAs in tracing illicit money flows, TRACE Consortium Meeting – Lisbon 2022
After a long period of meeting over Zoom, the TRACE consortium was finally able to meet in person to discuss the progress of TRACE project over the last ten months. The hybrid meeting (online and in person) took place on the 11th and 12th of April in Lisbon and was hosted by NOVA School of […]
