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Europe Daily Bulletin No. 12032

2 June 2018
Contents Publication in full By article 22 / 31
COURT OF JUSTICE OF THE EU / Finance
Court clarifies level of sanction applicable in event of infringement of obligation to declare sums of cash leaving the EU
Brussels, 01/06/2018 (Agence Europe)

The member states cannot make provision for failures to abide by the obligation to declare large sums of cash entering or leaving their territory to be fined at a level of up to twice the undeclared amount, the Court of Justice of the EU ruled in a judgement returned on Thursday 31 May (case C-190/17).

In 2014, Chinese national Lu Zheng registered his luggage at Gran Canaria airport (Spain) for a flight to Hong Kong (China), stopping in Madrid (Spain) and Amsterdam (Netherlands). In Madrid,...

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SECTORAL POLICIES
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COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS
The B-word: Agence Europe’s newsletter on Brexit
CALENDAR