The Council of the EU
Cite as https://mymun.com/ppdb/6366
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
As one of the largest financial centers in the world, Luxembourg has always taken seriously the issue of money laundering and is one of the precursor of the implementation of an Anti-Money Laundering (AML) regime. Luxembourg’s financial sector is based on the EU’s directives concerning AML and terrorist financing l...