On Thursday 19 July, the European Commission referred Greece and Romania before the Court of Justice of the European Union for failing to implement in their national law the fourth 'anti-money laundering' directive, more than a year after its entry into force. Ireland suffers the same fate, but due to its very limited implementation.
We cannot afford to allow any EU country to be the weak link. Capital laundered in one country can - and very often does - support crime in another, warned...