The state of implementation of the Union’s anti-money laundering legislation

· B9-0045/2019 · Résolution

The European Parliament adopted by 530 votes to 14, with 104 abstentions, a resolution on the state of implementation of the Union’s anti-money laundering legislation.

The resolution was tabled by the EPP, S&D, Renew and Greens/EFA groups.

According to Europol, as much as 0.7-1.28 % of the Union’s annual GDP is ‘detected as being involved in suspect financial activity’ such as money laundering connected to corruption, arms trafficking, human trafficking, drug dealing, tax evasion and fraud, terrorist financing or other illicit activities which affect EU citizens in their daily lives.

The Union’s framework for anti-money laundering and countering terrorist financing (AML/CTF) has been progressively strengthened by the adoption of 4AMLD in May…

For: 530(82 %). Against: 14(2 %). Abstentions: 104(16 %). In total, 648 MEPs voted. 103 MEPs didn’t vote.

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