Europe that protects: stronger laws to criminalize money laundering

The new measures to criminally combat money laundering come into force throughout the EU; they provide for penalties that will be imposed on dangerous criminals and terrorists wherever they are in the EU, with a minimum prison sentence of four years.

Already in December 2017, the Commission proposed to harmonize money laundering offences and sanctions in the EU, because while all Member States criminalize money laundering, the definitions of this crime and related sanctions are not harmonised at EU level, allowing criminals to take advantage of differences in national legislation. Thanks to the new rules approved, this will no longer be possible.

Member States now have two years to implement the new rules into national law and to inform the Commission.

Translate »
';