Workers will be better represented in EU-based multinational companies thanks to new rules for the so-called European Works Councils (EWCs). These Councils ensure that employees are involved in decisions related to transnational issues, like re-structurings. They help workers anticipate and manage changes in the world of work, including labour shortages and new technologies. Around 1,000 EWCs currently represent nearly 11.3 million European employees. While these Councils represent more than half of the eligible workforce, this is still less than a third of the estimated almost...

Read more

The Council and Parliament found a provisional agreement on parts of the anti-money laundering package that aims to protect EU citizens and the EU's financial system against money laundering and terrorist financing. "This agreement is part and parcel of the EU’s new anti-money laundering system. It will improve the way national systems against money laundering and terrorist financing are organised and work together. This will ensure that fraudsters, organised crime and terrorists will have no space left for legitimising their...

Read more