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Europe Daily Bulletin No. 8244

29 June 2002
Contents Publication in full By article 17 / 47
GENERAL NEWS / (eu) eu/money laundering
Commission proposes to control cash movements in and out of the EU

Brussels, 28/06/2002 (Agence Europe) - The European Commission has unveiled a regulation to introduce an EU-wide approach to controlling cash movements in and out of the EU to combat money laundering. Anyone carrying more than EUR 15,000 in cash would have to make a written declaration to customs. Customs authorities would be authorised to check travellers and their luggage and confiscate money found for up to three working days, but this time may be extended if further investigation was...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION