Brussels, 20/04/2015 (Agence Europe) - The Council of the EU approved, at first reading on Monday 20 April, the inter-institutional agreement on the legislative package (one regulation and one directive) modifying the directive aimed at preventing money laundering and terrorist financing (see EUROPE 11220).
The directive, which will be applicable two years after its adoption, will extend the scope of the legal and natural persons covered, by reducing the threshold for cash payments to be...