The European Parliament’s Civil Liberties Committee on December 12 approved new measures to step up the fight against money laundering and to narrow the scope for organised crime.

MEPs agreed to introduce EU-wide definitions of money laundering related crimes, including practices that are not currently deemed a crime in all EU countries, such as “self-laundering” (where a person who has committed a crime tries to hide the illicit origin of those proceeds).

They also agreed on an EU-wide mi...

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