The Council of the European Union has published a note (number 10973/14) enclosing declarations on the Presidency’s general approach on the proposed directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (“MLD4”) and the proposed regulation on information on the payer accompanying transfer of funds (the “Wire Transfer Regulation”)

The note includes declarations by Estonia, Malta, the United Kingdom and Austria in support of action against money laundering and terrorist finances and in support of MLD4 and the Wire Transfer Regulation.