MEPs are set to adopt two new laws to improve the enforcement of EU sanctions and to strengthen the rules on finding and confiscating criminal assets.
In a statement, the European Parliament revealed following a debate on Monday, Parliament will take a final vote on Tuesday on a directive, already agreed with the Council, introducing a common definition for EU sanctions violations and minimum penalties.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
