EU MONEY LAUNDERING DIRECTIVE
June 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Union (EU) has ploughed ahead with approving a third money laundering directive, proving that it can sometimes act decisively and - say some critics - bloody-mindedly. Keith Nuthall reports.JUST weeks before EU presidents and prime ministers infamously failed at a summit in Brussels to agree a future budget, European justice and home affairs ministers approved a key anti-crime law. This third EU money laundering directive incorporates reforms framed after the September 11 attacks to the global guidelines of the Financial Action task ...
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