Taxation and Customs Union


Security Union: Commission welcomes agreement on its proposal to tackle illicit cash flows

The Commission has welcomed the agreement reached by EU Member States and the European Parliament today on key measures to control illicit cash flows in and out of the EU.

The reinforced rules complement the EU's anti-money laundering rules and form part of the European Agenda on Security and work to fight the financing of terrorism. Today's decision was taken following a final round of negotiations this evening in Brussels.

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