The European Parliament
S&D Position 5
Cite as https://mymun.com/ppdb/6389
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
Following the steps of my party I especially stand for the promotion of financial market reforms and human rights to create a stronger and more democratic Europe and a better future for all citizens. Therefore is this topic of money laundering and terrorist financing a matter of great importance that we strongly support. It has to be fought via interconnected public registers made by FIUs all over the EU. As Peter Simon, German MEP and S&D Group negotiator in the economic and monetary affairs committee, stated on the draft directive two years ago: "Transparency and flow of information should not be brought to a halt at national borders. Public registers of the Member States need to be linked in the EU. The interconnection may facilitate and contribute to the work of...