Ethics and governance in the European Financial centers

At their meeting in Brussels on Thursday, 15 February, the council of European Union justice and home affairs ministers agreed on incorporating the main provisions of the Prüm Treaty into the EU’s legal framework. The resulting draft decision is to be forwarded without delay to the European Parliament for its comments, meaning that the process of incorporating the treaty into EU legislation could be completed before the German Presidency ends on June 30.

The treaty, which was signed by seven European states (Austria, Belgium, France, Germany, Luxembourg, the Netherlands and Spain) in the German town of Prüm on 27 May 2005, provides for greater cross-border cooperation of police and judicial authorities.

In Brussels, Federal Minister of the Interior Wolfgang Schäuble stated, “Transposing the treaty into EU legislation will enable all 27 EU Member States to benefit from the enormous added value provided by the treaty. Our aim is to create a modern police information network for more effective crime control throughout Europe

See press release