EU MINISTERS AND MEPs AGREE EU POLICE FORCES CAN ACCESS FINANCIAL RECORDS FROM ALL MEMBER STATES
June 12th, 2023
Law enforcement agencies across the European Union (EU) will in future access financial records containing AML/CFT information from all 27 EU member states. And this data will be generated and shared a technically harmonised manner in future, boosting its utility. Political agreement was today (June 6) reached on these rights by the European Parliament and European Union (EU) Council of Ministers. They have been written into a proposed EU directive authorising such data sharing (1).
This law complements requirements within a new broader EU anti-money laundering ...
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