regul ec european parliament council octob control cash enter leav commun european parliament council european union regard treati establish european commun articl thereof regard propos commiss consult european econom social committe act accord procedur refer articl treati commun task promot harmoni balanc sustain develop econom activ commun establish common market econom monetari union end intern market compris area intern frontier free movement good person servic capit ensur introduct proce illeg activ financi system invest launder detriment sound sustain econom develop council direct eec june prevent financi system purpos monei launder introduc commun mechan prevent monei launder monitor transact credit financi institut type profess risk applic mechan lead increas cash movement illicit purpos direct eec supplement control system cash enter leav commun present control system appli member state act nation legisl dispar legisl detriment proper function intern market basic element harmonis commun level ensur equival level control movement cash cross border commun harmonis affect possibl member state appli accord exist provis treati nation control movement cash commun account complementari activ carri intern fora financi action task forc monei launder fatf establish summit held pari special recommend ix octob fatf call govern measur detect physic cash movement includ declar system disclosur oblig cash carri natur person enter leav commun subject principl obligatori declar principl enabl custom author gather inform cash movement transmit inform author custom author present border commun control effect built practic experi matter made council regul ec march mutual assist administr author member state cooper commiss ensur correct applic law custom agricultur matter mutual assist ensur correct applic cash control transmiss inform achiev object direct eec view prevent purpos deterr charact oblig declar fulfil enter leav commun order focu author action signific movement cash movement eur subject oblig oblig declar appli natur person carri cash person owner made common standard inform provid enabl compet author exchang inform easili desir establish definit need uniform interpret regul inform gather regul compet author pass author refer articl direct eec direct ec european parliament council octob protect individu regard process person data free movement data regul ec european parliament council decemb protect individu regard process person data commun institut bodi free movement data appli process person data compet author member state pursuant regul indic sum cash relat illeg activ movement cash refer direct eec inform gather regul compet author pass compet author member state commiss similarli provis made inform transmit indic cash movement involv sum lower threshold laid regul compet author vest power need exercis effect control movement cash power compet author supplement oblig member state lai penalti penalti impos failur make declar accord regul object regul suffici achiev member state reason transnat scale monei launder intern market achiev commun level commun adopt measur accord principl subsidiar set articl treati accord principl proportion set articl regul order achiev object regul respect fundament right observ principl recognis articl treati european union reflect charter fundament right european union articl thereof adopt regul articl object regul complement provis direct eec transact financi credit institut profess lai harmonis rule control compet author cash enter leav commun regul prejudic nation measur control cash movement commun measur accord articl treati articl definit purpos regul quot compet author quot mean custom author member state author empow member state appli regul quot cash quot mean bearer negoti instrument includ monetari instrument bearer form travel chequ negoti instrument includ chequ promissori note monei order bearer form endors restrict made fictiti paye form titl thereto pass deliveri incomplet instrument includ chequ promissori note monei order sign paye omit currenc banknot coin circul medium exchang articl oblig declar natur person enter leav commun carri cash eur declar sum compet author member state enter leav commun accord regul oblig declar fulfil inform provid incorrect incomplet declar refer paragraph detail declar includ full date place birth nation owner cash intend recipi cash amount natur cash proven intend cash transport rout mean transport inform provid write oral electron determin member state refer paragraph declar request entitl provid inform write written declar lodg endors copi deliv declar request articl power compet author order check complianc oblig declar laid articl offici compet author empow accord condit laid nation legisl carri control natur person baggag mean transport event failur compli oblig declar laid articl cash detain administr decis accord condit laid nation legisl articl record process inform inform obtain articl articl record process compet author member state refer articl made author refer articl direct eec member state appear control provid articl natur person enter leav commun sum cash lower threshold fix articl indic illeg activ movement cash refer direct eec inform full date place birth nation person detail mean transport record process compet author member state refer articl made author refer articl direct eec member state articl exchang inform indic sum cash relat illeg activ movement cash refer direct eec inform obtain declar provid articl control provid articl transmit compet author member state regul ec appli mutati mutandi indic sum cash involv proce fraud illeg activ advers affect financi interest commun inform transmit commiss articl exchang inform countri framework mutual administr assist inform obtain regul commun member state commiss countri subject consent compet author obtain inform pursuant articl articl complianc relev nation commun provis transfer person data countri member state notifi commiss exchang inform relev implement regul articl duti profession secreci inform natur confidenti provid confidenti basi cover duti profession secreci disclos compet author express permiss person author provid commun inform permit compet author oblig pursuant provis forc connect legal proceed disclosur commun inform fulli compli prevail data protect provis direct ec regul ec articl penalti member state introduc penalti appli event failur compli oblig declar laid articl penalti effect proportion dissuas june member state notifi commiss penalti applic event failur compli oblig declar laid articl articl evalu commiss submit european parliament council report applic regul year entri forc articl entri forc regul enter forc twentieth dai public offici journal european union appli june regul bind entireti directli applic member state strasbourg octob european parliament presid borrel fontel council presid alexand oj opinion european parliament oj council common posit februari oj posit european parliament june council decis juli oj direct amend direct ec european parliament council oj oj regul amend regul ec oj oj direct amend regul ec oj oj