Brussels, 17/02/2005 (Agence Europe) - the Council has adopted a common position for adopting a regulation on controlling liquidity entering and leaving the EU. Only Italy voted against.
This regulation improves directive 91/308/EEC on preventing the financial system being used for money laundering and stepping up the fight against funding of terrorism. It is setting out a Community system for inspecting movements of liquidity at the EU's external borders and is setting a EUR 10,000...