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EP: EU needs financial police, money-laundering watchdog

Members of the European Parliament issued a report on Wednesday saying that the European Union should have its own police force to investigate tax evasion and financial crime, as well as set up a watchdog to counter money-laundering, according to Reuters. The report came out of a special committee set up in the EP after a series of revelations of alleged financial crime in some EU states and tax havens across the world. It accuses seven EU member ...

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