Security Union: Commission adopts stronger rules to fight terrorism financing

EU News 420/2016

Brussels, 21 December 2016

Today, the European Commission has adopted a package of measures to strengthen the EU's capacity to fight the financing of terrorism and organised crime, delivering on the commitments made in the Action Plan against terrorist financing from February 2016. The proposals being presented by the Commission will complete and reinforce the EU's legal framework in the areas of money laundering, illicit cash flows and the freezing and confiscation of assets. Presented alongside the third Progress Report on the Security Union, today's proposals will ensure a strong and coordinated European.

Source and additional information:
http://europa.eu/rapid/press-release_IP-16-4401_en.htm?locale=en

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