arbiter
JournalsPricingAccount

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

Georgios Pavlidis

Journal of Investment Compliance2021https://doi.org/10.1108/joic-01-2021-0002article
ABDC C
Weight
0.59

What the paper says

Purpose 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.

6 citations

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1108/joic-01-2021-0002

Or copy a formatted citation

@article{georgios2021,
  title        = {{A case of insufficient safeguards or state-enabled money laundering? ‘Golden Passport’ and ‘Golden Visa’ investment schemes in Europe}},
  author       = {Georgios Pavlidis},
  journal      = {Journal of Investment Compliance},
  year         = {2021},
  doi          = {https://doi.org/https://doi.org/10.1108/joic-01-2021-0002},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

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

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.59

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.61 × 0.4 = 0.25
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.