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EU VAT reform, hit or miss

EU VAT reform, hit or miss
Sevil Aliyeva

Sevil Aliyeva

Policy Researcher at Politheor
Sevil Aliyeva is a Master’s student in International Tax Law and EU Tax Law at Uppsala University. She also holds a Master’s degree in Human Rights at Oslo University. Sevil was selected as a youth delegate of Azerbaijan at the Congress of Local and Regional Authorities of Council of Europe. Moreover, as a national coordinator she led the Legal Research Group on Freedom of Expression –Protection of Journalistic Sources in Azerbaijan, which was the joint project of Council of Europe and European Law Students' Association.
Sevil Aliyeva
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The major reason showing urgent need for an extensive VAT reform was the European Commission Study which revealed that EU Member States lost € 152 billions in VAT revenues during 2015. Around € 50 billion of the VAT gap is estimated to be due to cross-border VAT fraud, which is believed to finance criminal organisations […]

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Islamic finance: zero interest, high expectations

Islamic finance: zero interest, high expectations
Michele Federle

Michele Federle

Policy Researcher at Politheor
Michele Federle holds a Bachelor's degree in Economics and Social Sciences from the Free University of Bolzano-Bozen, Italy and is currently enrolled in the Master's degree in International Economic Policy at Sciences Po Paris, France. He is also a student at the Scuola di Politiche, the public policy school founded by former Italian PM Enrico Letta. His research interests encompass global financial governance, European integration and international trade.
Michele Federle
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Prompted by rampant growth rates, the industry of Islamic finance is increasingly drawing the attention of investors, regulators and scholars. The peculiarity of Islamic financial activities is the compliance with Sharia, the Islamic law. According to Sharia’s precepts, generating revenues from money is prohibited and interest-paying arrangements are considered “riba” (aka usury). Therefore, Islamic financial […]

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The CMU initiative: Is a hard Brexit really an option?

The CMU initiative: Is a hard Brexit really an option?
Michele Federle

Michele Federle

Policy Researcher at Politheor
Michele Federle holds a Bachelor's degree in Economics and Social Sciences from the Free University of Bolzano-Bozen, Italy and is currently enrolled in the Master's degree in International Economic Policy at Sciences Po Paris, France. He is also a student at the Scuola di Politiche, the public policy school founded by former Italian PM Enrico Letta. His research interests encompass global financial governance, European integration and international trade.
Michele Federle
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The European Single Market is based on four fundamental pillars: the free movement of people, goods, services and capital. Despite the formal freedom, capital does not flow across national borders with the same ease of the other items. In fact, when compared to US or Japan, European financial markets rely intensively on traditional bank-based intermediation […]

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European Monetary Fund: further integrating financial stability

European Monetary Fund: further integrating financial stability
Michele Federle

Michele Federle

Policy Researcher at Politheor
Michele Federle holds a Bachelor's degree in Economics and Social Sciences from the Free University of Bolzano-Bozen, Italy and is currently enrolled in the Master's degree in International Economic Policy at Sciences Po Paris, France. He is also a student at the Scuola di Politiche, the public policy school founded by former Italian PM Enrico Letta. His research interests encompass global financial governance, European integration and international trade.
Michele Federle
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In recent months the long-standing idea of creating an EMF has experienced a revival, such that the Commission even set out a roadmap to establish the new institution within 2019. A well-designed EMF should be able to manage asymmetric shocks (i.e. affecting some European countries more than others) and could hence reinforce the financial stability […]

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Ending money laundering in Europe: Does the “beneficial owner register” deliver?

Ending money laundering in Europe: Does the "beneficial owner register" deliver?
Sevil Aliyeva

Sevil Aliyeva

Policy Researcher at Politheor
Sevil Aliyeva is a Master’s student in International Tax Law and EU Tax Law at Uppsala University. She also holds a Master’s degree in Human Rights at Oslo University. Sevil was selected as a youth delegate of Azerbaijan at the Congress of Local and Regional Authorities of Council of Europe. Moreover, as a national coordinator she led the Legal Research Group on Freedom of Expression –Protection of Journalistic Sources in Azerbaijan, which was the joint project of Council of Europe and European Law Students' Association.
Sevil Aliyeva
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Subsequently, under the new directive, Member States are expected to ensure that corporates and other legal entities incorporated within their territory obtain and hold adequate, accurate and current information on their beneficial owners, namely their true owners, including the details of the beneficial interests held. Such information should be held on a central register, such […]

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Basel 4 and European banks, are we safer now?

Basel 4 and European banks, are we safer now?
Michele Federle

Michele Federle

Policy Researcher at Politheor
Michele Federle holds a Bachelor's degree in Economics and Social Sciences from the Free University of Bolzano-Bozen, Italy and is currently enrolled in the Master's degree in International Economic Policy at Sciences Po Paris, France. He is also a student at the Scuola di Politiche, the public policy school founded by former Italian PM Enrico Letta. His research interests encompass global financial governance, European integration and international trade.
Michele Federle
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«Basel endgame», sentenced Mario Draghi on December 7th, at the presentation of the new BCBS package of rules for the banking sector. After an 8-year delay, chiefly due to the divergent interests of American and European standard-setters, a revision of Basel 3 was eventually agreed on. Basel regulators found a compromise for the adoption of […]

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Global financial governance: does the EU have a say?

Global financial governance: does the EU have a say?
Marina Martinova

Marina Martinova

Policy Researcher at Politheor: European Policy Network
Marina Martinova studies International Relations and World Politics at Moscow State Institute of International Relations. After doing an exchange programme in Sciences Po (Paris), she completed an internship in the Ministry of Foreign Affairs of Russia. Her interests lie in global financial governance, integration, European politics and geopolitics. Alpinism, cycling, debating and reading are among her favourite pastimes.
Marina Martinova
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Today, financial issues seem to have taken a backseat to political problems. Yet only a handful of years ago the international scene gave its undivided attention to world leaders who were trying to resolve the financial crisis. The results of the G20 London summit, though sometimes criticized, proved that global financial government does exist and […]

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2017: a new start for the EU–US partnership?

2017: a new start for the EU–US partnership?
Marina Martinova

Marina Martinova

Policy Researcher at Politheor: European Policy Network
Marina Martinova studies International Relations and World Politics at Moscow State Institute of International Relations. After doing an exchange programme in Sciences Po (Paris), she completed an internship in the Ministry of Foreign Affairs of Russia. Her interests lie in global financial governance, integration, European politics and geopolitics. Alpinism, cycling, debating and reading are among her favourite pastimes.
Marina Martinova
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Strained by the migrant crisis, frustrated by Brexit and finally humiliated by Trump’s accession to power …  Such a Europe seems to have no prospects of improving its positions and is doomed to fall behind the emerging powers. This simplistic gloomy scenario is a good pretext for standing by and doing nothing, but hardly is […]

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Central bank independence: Time for a change?

Central bank independence: Time for a change?
Mareike Müller

Mareike Müller

Policy Researcher at Politheor: European Policy Network
Mareike Müller studies International Security and Political Economy at the LSE and Sciences Po. Prior to her studies she has gained professional experience among others at the World Health Organization, the German Development Agency GIZ and the Federal Foreign Office.
Mareike Müller
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Donald Trump and Theresa May did not only shake things up politically in 2016. Regarding monetary policy, both leaders are likely to appoint politically compliant governors, silently starting to undermine central bank independence. In Europe, the latest protests against the ECB criticized this very dichotomy between an independent central bank and an allegedly democratic European […]

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Tax avoidance policy: can we balance morality and economy?

Tax avoidance policy: can we balance morality and economy?
Marina Martinova

Marina Martinova

Policy Researcher at Politheor: European Policy Network
Marina Martinova studies International Relations and World Politics at Moscow State Institute of International Relations. After doing an exchange programme in Sciences Po (Paris), she completed an internship in the Ministry of Foreign Affairs of Russia. Her interests lie in global financial governance, integration, European politics and geopolitics. Alpinism, cycling, debating and reading are among her favourite pastimes.
Marina Martinova
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To end the scourge of tax avoidance, the EU commission re-launched in October 2016 its proposal to create a corporation tax regime common for all EU members – The Common Consolidated Corporate Tax Base (CCCTB). This initiative is in the mainstream of global politics, since a number of measures targeting tax avoidance have been proposed […]

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