Show simple item record

A case of insufficient safeguards or state-enabled money laundering? ‘Golden Passport’ and ‘Golden Visa’ investment schemes in Europe

dc.contributor.authorPavlidis, George
dc.date.accessioned2022-03-22T08:26:03Z
dc.date.available2022-03-22T08:26:03Z
dc.date.issued2021
dc.identifier.issn1463-6697
dc.identifier.urihttp://hdl.handle.net/11728/12216
dc.description.abstractPurpose – To critically examine recent developments and proposals for the regulation and supervision of ‘golden passport’ and ‘golden visa’ investment schemes in Europe. We argue that FATF standards constitute an appropriate response to money-laundering risks associated with such investment schemes, but the EU needs to introduce further common rules, safeguards and control mechanisms in the aftermath of the recent scandal in Cyprus. Design/methodology/approach – This paper draws on reports, legislation, legal scholarship and other open-source data to examine golden passport and golden visa investment schemes in the EU. Findings – The EU has to forge a common approach to mitigate money-laundering risks associated with golden passport and golden visa investment schemes, taking into consideration the FATF standards. Originality/value – This is the first study examining golden passport and golden visa investment schemes in the EU in the aftermath of the Cypriot scandal and proposing the overhaul of the EU legal framework in this regard.en_UK
dc.language.isoenen_UK
dc.publisherEmerald Publishing Limiteden_UK
dc.relation.ispartofseriesJournal of Investment Compliance;Vol. 22 No. 2, pp. 170-179
dc.rightsCopyright © 2021, Emerald Publishing Limiteden_UK
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en_UK
dc.subjectGolden Passporten_UK
dc.subjectGolden Visaen_UK
dc.subjectInvestmenten_UK
dc.subjectMoney launderingen_UK
dc.subjectEuropean Unionen_UK
dc.subjectFinancial Action Task Forceen_UK
dc.titleA case of insufficient safeguards or state-enabled money laundering? ‘Golden Passport’ and ‘Golden Visa’ investment schemes in Europeen_UK
dc.typeArticleen_UK
dc.doi10.1108/JOIC-01-2021-0002en_UK


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record

Copyright © 2021, Emerald Publishing Limited
Except where otherwise noted, this item's license is described as Copyright © 2021, Emerald Publishing Limited