Money laundering and terrorist financing: Presidency and Parliament reach agreement

On 20 December 2017, EU ambassadors confirmed the political agreement reached between the presidency and the European Parliament on strengthened EU rules to prevent money laundering and terrorist financing. The draft directive has two main objectives: preventing the use of the financial system for the funding of criminal activities; strengthening transparency rules to prevent the large-scale concealment of funds. The aim … Continue reading Money laundering and terrorist financing: Presidency and Parliament reach agreement