E-commerce is widespread and transnational

The strong growth in e-commerce also means that the associated shadow economy is growing. More than 60% of counterfeit goods stopped by Finnish Customs are detected among postal deliveries sent from third countries to the EU.

The European Commission supports tackling undeclared work

Tackling undeclared work requires political commitment, listening to new ideas with an open mind, and readiness to learn from other countries’ good practices. Read more about The Platform's Work Programme for 2019-2020.

Labour Authority to strengthen the fairness of the Internal Market?

The European Labour Authority (ELA) should be up and running in 2019. The ELA will promote fair labour mobility in the Internal Market.

The big picture of the grey economy and economic crime

The new website on the grey economy and economic crime www.grey-economy-crime.fi provides summarised information on the grey economy and economic crime in Finland. The website is maintained through the cooperation of the authorities engaged in combating the grey economy. Further information on the authorities is available under the section About this website.

The website will support the decision-making of authorities and political decision-makers. The information it provides will enhance society’s capabilities to react rapidly to the phenomena and harm associated with the grey economy and economic crime. In addition, the website will provide companies and citizens with information on how to act or protect themselves against such harm.

The big picture is a combination of various aspects

The website provides an overview of the topical phenomena of the grey economy and economic crime comprising the observations of a number of different authorities. In addition, the website offers both domestic and international estimates on the scope and amount of the grey economy and economic crime. The website also provides information on the impact of action taken to prevent the grey economy and economic crime based on the statistics of authorities, including company audits and their results. The website also follows the progress of various projects included in the operational programme concerning the grey economy and economic crime.

In addition, the website contains a selection of recent domestic and international news flows on the grey economy and economic crime.

News about the shadow economy and economic crimes

UK: Nigeria sues Shell, Eni for USD 1.1bn over OPL 245 corruption

The Nigerian government has sued oil companies Shell and Eni, from the Netherlands and Italy respectively, for USD 1.10bn (EUR 953.68mn) in a London, UK commercial court. It alleges that funds the...

UK: Universities test new software to detect essay cheats

A handful of universities in the UK are testing a new software designed to combat cheating. This FBI-style software uses forensic linguistics to analyse a document's composition including vocabulary,...

Nordic: Nordea Bank announces organisational changes in risk and compliance

Nordea Bank has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. The changes will take effect on 1 January...