Cite as https://mymun.com/ppdb/6360
The Council of the European Union
Represented by Maura Krom
Directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing.
The fight against illicit financial flows is a priority for the French authorities. Money laundering is central to criminal activities and is a threat to the economic and political stability of countries and international security.
The proposed legislation is according to the French Republic a first step in intensifying the European legislation to combat the financing of criminal activities through the financial system. France considers the proposed actions at European level necessary and stresses the importance that these new measures will have a real operatio...