Strengthening measures against money laundering and terrorist financing

Summary

The European Parliament adopted a resolution to amend existing directives aimed at preventing the financial system from being used for money laundering or terrorist financing.
10 19.06.2018
Other
finance
criminal law
public safety
european union

Key points

  • Strengthening EU-wide measures to combat financial crimes and ensure legal compliance.
  • Updating existing directives to prevent the misuse of the financial system for terrorist activities.
  • Amending multiple legal frameworks to close regulatory gaps in financial oversight.
  • Enhancing transparency and reporting requirements for entities operating within the financial sector.
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