Activities of Nirj DEVA related to 2013/0025(COD)
Shadow opinions (1)
OPINION on the proposal for a directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing
Amendments (1)
Amendment 33 #
Proposal for a directive
Recital 4 a (new)
Recital 4 a (new)
(4a) Considering that illicit financial flows, in particular money laundering, represent in developing countries between 6 and 8.7 % of their GDP1, an amount 10 times larger than the EU's and its Member States assistance to the developing world, the measures taken to combat money laundering and terrorist financing need to be coordinated and to take into account the Member States' and the EU's development strategy and policies which aim to fight against capital flight. ____________ 1 Sources: "Tax havens and development. Status, analyses and measures", NOU, Official Norwegian Reports, 2009.