Prevention of the use of the financial system for the purposes of money laundering or terrorist financing
Collovà, Claudio
Prevention of the use of the financial system for the purposes of money laundering or terrorist financing / [Recurso electrónico] PDF .-- : European Parliamentary Research Service , October 2016 .-- 9 p. Recurso online
This briefing seeks to provide an initial analysis of the strengths and weaknesses of the European Commission's
Impact Assessment (IA) accompanying its above-mentioned proposal, submitted on 5 July 2016 and referred
jointly to Parliament's Committees on Economic and Monetary Affairs (ECON) and on Civil Liberties, Justice and
Home Affairs (LIBE). This proposal would amend the fourth Anti-Money Laundering Directive, which was adopted
on 5 June 2015 and is due to enter into force in 2017. The terrorist attacks of late 2015 had already prompted a
review of the anti-money laundering framework when, in April 2016, the Panama Papers created a renewed sense
of urgency to act in a related field. As a result, the IA under review consists of two parts. Part 1 analyses the
amendments brought about in the light of the terrorist attacks, whereas Part 2 addresses the Panama Papers
revelations. Both parts are presented in parallel below. This IA builds on a 2013 Commission IA, which was the
subject of a separate initial appraisal.
Terrorismo--Aspectos económicos Blanqueo de capitales
Parlamento Europeo Servicio de Investigación Parlamentario Europeo
Prevention of the use of the financial system for the purposes of money laundering or terrorist financing / [Recurso electrónico] PDF .-- : European Parliamentary Research Service , October 2016 .-- 9 p. Recurso online
This briefing seeks to provide an initial analysis of the strengths and weaknesses of the European Commission's
Impact Assessment (IA) accompanying its above-mentioned proposal, submitted on 5 July 2016 and referred
jointly to Parliament's Committees on Economic and Monetary Affairs (ECON) and on Civil Liberties, Justice and
Home Affairs (LIBE). This proposal would amend the fourth Anti-Money Laundering Directive, which was adopted
on 5 June 2015 and is due to enter into force in 2017. The terrorist attacks of late 2015 had already prompted a
review of the anti-money laundering framework when, in April 2016, the Panama Papers created a renewed sense
of urgency to act in a related field. As a result, the IA under review consists of two parts. Part 1 analyses the
amendments brought about in the light of the terrorist attacks, whereas Part 2 addresses the Panama Papers
revelations. Both parts are presented in parallel below. This IA builds on a 2013 Commission IA, which was the
subject of a separate initial appraisal.
Terrorismo--Aspectos económicos Blanqueo de capitales
Parlamento Europeo Servicio de Investigación Parlamentario Europeo
