This European Union Member States And European Parliament agreed on Tuesday Let the police and judicial authorities of Twenty Seven have access bank account records from different countries through a single platform with the aim of improving financial crime investigation
Once implemented, countries must allow relevant access. central bank account recordswhere information about who owns which accounts is collected, accessible to police or judges from other States investigating a crime.
The European Commission will manage a single window where information will be available, allowing authorities to verify whether or not a person has an account in several member states without having to make multiple requests as is currently the case.
In addition, the agreement financial InstitutionsIf they are required to provide transactional information in the context of the investigation, they will need to provide it in a uniform format to avoid obstacles to the investigation.
illegal money flow
“Access to financial information, a very important tool for tracing and confiscating proceeds of crime. “Thanks to the agreement, our law enforcement officers will have easier access to illegal money flows,” it said. Swedish Minister of Justice Gunnar StrömmerThe country currently chairs the European Council.
In turn, the European Parliament has agreed that consultations with these partiescentral cross-border bank records they will only be permitted if they have been cleared in national registers, and Europol will be allowed to contribute to information analysis when invited by national financial intelligence agencies.
“We have added strong safeguards for fundamental rights, including privacy,” the measure’s chief parliamentary negotiator said in a statement. Said. Emil Radev MEPWelcoming that the involvement of Europol will help more effectively fight cross-border crime.
This measure falls within the scope of a set of recommendations to strengthen the fight against money laundering It was necessary for the financing of terrorism and the financing of money in the EU, and countries needed to be able, after ratification, to implement the new anti-money laundering directive that States and Parliament are still negotiating.
The political agreement reached today will enter into force after it has been formally approved by the Council and the European Parliament.
Source: Informacion
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