The EU has adopted five anti-money laundering directives, which contain provisions on countering money laundering and the financing of terrorism. The member states of the EU must implement these directives in national law. In Germany, the EU provisions are implemented by the Money Laundering Act (Geldwäschegesetz).
Who attends ECOFIN Council meetings? What do the abbreviations SURE, MFF and FTT stand for? What rules does the Tax Act Relating to Brexit contain? Our #EuroABC provides easy-to-understand explanations of key terms in the sometimes complicated world of EU finances, along with the fiscal policy priorities of the German Presidency – all from A to Z.