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Commission opens public consultation on potential restrictions on large payments in cash

As announced in its Inception Impact Assessment of 23 January 2017, the Commission is currently exploring the relevance of potential upper limits to cash payments in the context of the fight against terrorism financing described in its 2016 Action Plan.

date:  16/03/2017

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As announced in its Inception Impact Assessment of 23 January 2017, the Commission is currently exploring the relevance of potential upper limits to cash payments in the context of the fight against terrorism financing described in its 2016 Action Plan. Cash is still the most common and accessible means of payments. That's why it is essential to collect the views of civil society on such a sensitive initiative. The Commission has therefore opened an open public consultation inviting all stakeholders to express their views by answering a dedicated questionnaire, while also providing the opportunity to upload a detailed position paper. This consultation will remain open until 31 May 2017.