EU Commission Urges Members to Quickly Implement 2001 Framework Decision on European Anti-Money Laundering Convention

On April 6, 2004, the European Commission adopted a draft report on the measures the European Union (EU) Member states must take to comply with the Council Framework Decision of June 26, 2001 on money laundering, the identification, tracing, freezing, seizing and confiscation of instruments and proceeds of crime, particularly the 1990 Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime ("The 1990 Convention")...[more]