Members of the European Parliament adopted a nonbinding resolution urging the European Commission to address corruption risks linked to crypto assets, opaque ownership structures and digital tools in its upcoming anti-corruption strategy. MEPs also called for stronger efforts to trace, freeze, confiscate and recover criminal proceeds. This strategy is intended to complement the EU anti-corruption directive that entered into force in May, harmonizing definitions of corruption offenses and minimum penalties across the bloc. Additional measures sought include stricter rules on public procurement, lobbying, political financing and enhanced protections for whistleblowers. The Commission plans to adopt the strategy by the end of 2026.
Source: Read the original article
