Prevention of the use of the financial system for the purposes of money laundering or terrorist financing

2013/0025(COD)

The Committee on Economic and Monetary Affairs Committee on Civil Liberties, Justice and Home Affairs jointly adopted the recommendation for second reading contained in the report by Krišjānis KARIŅŠ (EPP, LV) and Judith SARGENTINI (Greens/EFA, NL), on the Council position at first reading with a view to the adoption of a directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC.

The committees recommended that the European Parliament approve the Council position at first reading without amendment.