Gesetz zur Stärkung der strafrechtlichen Verfolgung von Geldwäsche und Steuerhinterziehung

This German federal bill would tighten criminal enforcement against money laundering and tax evasion. Such laws aim to close gaps that allow illicit funds and unpaid taxes to be hidden or moved, and to make prosecutors and authorities more effective in pursuing these offences. The procedure is listed under the Bundestag, the German federal parliament, as legislation. The likely affected groups include individuals and companies suspected of concealing assets or evading taxes, as well as financial institutions and other obliged entities that must report suspicious transactions. Tax authorities, prosecutors and police units handling financial crime may also see changed responsibilities. Exact changes depend on the full text, which is not reflected in this metadata.