Summary
The EU has reached an agreement to strengthen its anti-money laundering system, focusing on improving coordination and cooperation between national systems. The aim is to prevent fraudsters, organized crime, and terrorists from using the financial system to legitimize their proceeds. Belgian Minister of Finance, Vincent Van Peteghem, highlighted that this agreement will leave no space for such activities.
Key Points
1. The agreement is part of the EU’s new anti-money laundering system.
2. It aims to improve national systems against money laundering and terrorist financing.
3. The agreement will prevent fraudsters, organized crime, and terrorists from using the financial system to legitimize their proceeds.
Please note that the given text is a quote from Belgian Minister of Finance, Vincent Van Peteghem.