European Chief Prosecutor Laura Kövesi requests improvement of EPPO’s position

From the speech by European Chief Prosecutor Laura Kövesi:

I am asking for a stronger analytical capacity at EPPO, combined with a much bigger analytical power and responsibility at Europol, as well as dedicated and specialized investigators for EPPO cases in all the participating Member States.
I am not asking for a competence expansion to transnational organized crime. With just a few clarifications in our regulation, the EPPO could already contribute decisively to this fight.
If I could suggest anything, it would be to have a fresh look at the mandate of Europol.
When we talk about reinforcing the EU Antifraud architecture, we should start by giving EPPO and Europol the means to fight organized crime more e!iciently.
A stronger EPPO together with a stronger Europol is the best way forward.

The complete speech is here.

Following this, I wonder why the European legislator in AML/CFT chooses to let private companies waste money as ‘gatekeepers’ (‘obliged entities’), when amateur investigators from banks and other obliged entities cannot stand up to organised crime.

 

I mentioned the speech also in my quodari news.

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About Ellen Timmer

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