Today, I met with President Jean-Claude Juncker and personally handed over my request for launching infringement against Germany for not correctly transposing and implementing the provisions of the Fourth Anti-money Laundering Directive.
Since nearly one year we have been pointing the Commission to the obvious shortcomings of the transposition measures of the 4th AMLD by Germany through two written questions, an accompanying letter to Commissioner Jourova and several phone calls and meetings. Additionally, European Parliament, media and even the police have made the Commission aware of the obvious violations of the European Directive by Germany’s insufficient transposition and implementation. Now it is time for the Commission to act.
Our letter to President Juncker and Commissioner Jourova can be downloaded here: