The EU's Anti Money Laundering Agenda - Built on Risks

An Area of Freedom, Security and Justice: Challenges in the European Union, T. Konstadinides, C. Eckes, J. Yorke, eds., Forthcoming

21 Pages Posted: 21 Oct 2009 Last revised: 18 Dec 2012

Date Written: December 12, 2008

Abstract

The Third Money Laundering Directive introduces not only a risk-based approach to the fight against dirty money but includes also the financing of terrorism within its scope. The legal basis for such inclusion is Art 95 EC and Art 47 (2) EC and the establishment of the internal market. This contribution aims to explore the implications of EC risk assessment in the area of the EU’s anti money laundering and terrorism financing regulation as justification for harmonization.

Keywords: EU criminal law, risk assessment

Suggested Citation

Herlin-Karnell, Ester, The EU's Anti Money Laundering Agenda - Built on Risks (December 12, 2008). An Area of Freedom, Security and Justice: Challenges in the European Union, T. Konstadinides, C. Eckes, J. Yorke, eds., Forthcoming. Available at SSRN: https://ssrn.com/abstract=1490606 or http://dx.doi.org/10.2139/ssrn.1490606

Ester Herlin-Karnell (Contact Author)

Uppsala University ( email )

Box 513
Uppsala, 751 20
Sweden

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