Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-204"
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"en.20071114.28.3-204"2
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".
The proposal submitted amends the provisions of Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, which imposed a time limitation on the implementing powers conferred on the Commission in this area.
According to the recent decision on the exercise of the Commission’s powers, this limitation has been removed, but the European Parliament retains the right to scrutinise the implementation of acts adopted under the codecision procedure. It is therefore now clear that any amendments to this directive must be submitted for consideration to the European Parliament as well as to the Council.
This should not mean, however, that national parliaments are excluded from the legislative procedure or are restricted merely to transposing directives adopted in this area at Community level. And what is more, as the ‘Reform’ Treaty seeks to establish, gradually transforming justice and internal affairs into a future common policy, which we obviously reject.
Finally, we must highlight the inconsistency of the European Union, which promotes total freedom of movement of capital and tax havens at the same time as it champions the fight against money laundering."@en1
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