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Six Alpine Countries Agree On Enhanced Cross Border Cooperation To Fight Money Laundering

Ulrika Lomas, Tax-news.com, Brussels

28 March 2001

At a mini-summit in Italy last week the interior ministers from Italy, Switzerland, France, Germany, Austria and Liechtensten have agreed to collaborate more closely to combat money laundering activities.

The meeting was held in Sicily and hosted by the Italian interior minister, Enzo Bianco. According to the news agency, Swissinfo, the countries were keen to harmonise their current national laws and reach a united decision on how to tackle the issue of money laundering.

Ruth Metzler, Switzerland's justice and police minister said that regular meetings between the law enforcement authorities of each country were agreed upon and the ministers discussed the logistics of enhanced cross border cooperation money laundering investigations. They also agreed upon ways of working together when dealing with issues of illegal immigration.

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