The European Commission has decided to refer France and Poland to the European Court of Justice over non-implementation of the Third Money Laundering Directive. The European Commission will also send reasoned opinions to Poland and Spain for not laying down effective, proportionate and dissuasive penalties in national law as required by the Regulation on payer information accompanying transfers of funds. The transposition deadline for the Third Money Laundering Directive and for notifying the penalties laid down in national law under the Regulation was 15 December 2007.  

View European Commission takes action for non-implementation of the Third Money Laundering Directive, 29 January 2009