The European Parliament
S&D Position 4
Cite as https://mymun.com/ppdb/6388
Topic n°1: Prevention of the use of the financial system for the purpose of money laundering and terrorist financing
The Progressive Alliance of Socialists and Democrats (S&D) has always stood for an inclusive European society based on principles of freedom, equality, solidarity, diversity and fairness. Therefore, in order to make our society fairer, it is important to implement supranational laws designed to prevent the financial market from being misused for the purpose of money laundering and the financing of terrorism given the context of constantly increasing financial crime rates.
The link between law and fight against financial crime is ev...