According to Fajcsák, the European Parliament decided to set up a centralized public database that contains “real” information on business owners and that is accessible to anyone. The parliament also accepted a policy which will make it possible to follow the flow of finances within the European Union.
Fajcsák foresees the new policy providing a more effective control for the authorities.
EU member states have two years to insert the new money laundering policy into their own legislation, Fajcsák added.
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