Combating Organized Financial Fraud and Money Laundering in the European Union: Recent Developments and Perspectives

In 1999 the European Union will enter the third and final stage of monetary union. The very precise timetable of economic and financial integration requires the growing de-velopment of the legal and administrative structures at Union level to prevent, to control and to punish organized financial crime at transnational level and money laundering of the proceeds of such fraud.