Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-202"

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"en.20071114.28.3-202"2
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". This directive is extremely important because of growing concerns regarding money laundering and its role in funding international crime and terrorism. A Community approach is therefore required to create uniform rules, close loopholes and strike a balance between the need to control and requirements concerning the protection of the internal market and the free movement of capital. I support this initiative, which seeks to update Directive 2005/60/EC on money laundering, particularly as regards all the implementation measures listed in Article 41 of that directive. This is therefore yet another case of updating the legislation in force in line with the new regulatory procedure with scrutiny under the Comitology Decision. This will give the European Parliament greater control over the implementing powers conferred on the Commission."@en1

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