If France and Greece have adopted national laws to implement the Second European Union Money Laundering Directive, they have yet to inform the European Commission. The Commission said Monday it would refer both countries to the European Court of Justice for failing to notify the EU about measures taken to apply the directive. The Commission had already sent the two countries formal requests – known as reasoned opinions – in February 2004, asking them to bring their national laws in line with the second directive. Italy, Portugal, Sweden and Luxembourg also received requests regarding their money laundering laws at that...
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