Prevention of the use of the financial system for the purposes of money laundering or terrorist financing: transparency of financial transactions and of corporate entities

Legislative dossier on preventing the use of the financial system for money laundering or terrorist financing, covering transparency of financial transactions and corporate entities. Amendments add provisions linking the framework to EU trade and development agreements with third countries, beneficial ownership registers, cash transaction limits, virtual currencies and custodian wallet providers, prepaid cards, enhanced due diligence for high-risk third countries, the FATF Recommendations, and convergence between organised crime and terrorism.