The European Parliament
S&D Position 8


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Proposal for a directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing

The S&D Group is for and highly supports the proposal. The proposal will prevent financing for bad and wrong causes from terror to even the smallest of crimes such as parking tickets. Of course we have to take into account the matter of consideration of all basic human rights and preserving the privacy of the individual together with the assurance of its legal backing.

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