For one year now, we have been drawing the attention of the EU Commission to the obvious shortcomings of the transposition and implementation measures of the Third and Fourth Anti-Money Laundering Directives by Germany. In addition, the European Parliament, the media and even the police of the German federal states have hinted the EU Commission to the obvious violations of the European Directive by Germany’s inadequate transposition and implementation.
After meeting with Commission President Juncker in February and personally transmitting him my request to initiate infringement proceedings against Germany, I met Justice Commissioner Jourová on Monday during the Strasbourg plenary session. In her reply of mid-March, Commissioner Jourová dismissed our concerns about the poor implementation of the German transparency register and the non-functioning of the German Financial Intelligence Unit (FIU) as largely remedied. We are not satisfied with this succinct answer. We stand by our demand to the European Commission to initiate infringement proceedings against the Federal Republic of Germany for incorrect transposition and deficient implementation of the Fourth Anti-Money Laundering Directive. I call on the Commission to take a closer look at the issues raised in my complaint.
Our reply to Justice Commissioner Jourová of 25 March 2019:
The answers of President Juncker of 22 February 2019 and Commissioner Jourová of 12 March 2019:
Our letter to EU Commission President Juncker and Justice Commissioner Jourová of 11 February 2019: