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Feed/CNS2000/0809(CNS)Defence & Security

Extension of Europol's powers to cover money laundering

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 312mo ago
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This procedure aims to expand the mandate of Europol, the EU's law enforcement agency, to specifically include the fight against money laundering. By enhancing its capabilities, the EU seeks to better track illegal financial flows and disrupt the funding of organized crime and terrorism across borders.

This change primarily affects law enforcement agencies and financial investigators. It allows for better coordination and information sharing between member states to identify and stop the laundering of criminal proceeds.