1 Amendments of Roberta ANGELILLI related to 2013/0025(COD)
Amendment 106 #
Proposal for a directive
Recital 6
Recital 6
(6) The use of large cash payments is vulnerable to money laundering and terrorist financing. In order to increase vigilance and mitigate the risks posed by cash payments natural or legal persons trading in goods should be covered by this Directive to the extent that they make or receive cash payments of EUR 7 500 or more. Member States may decide to adopt stricter provisions including a lower threshold.