20th Parliamentary Intelligence-Security Forum – Illicit trade, trade-based money laundering, adversarial foreign investments, adversarial threats
To begin his talk, Dr. Mario Mauro of Italy establishes that his goal is to share information, documentation, opinions, and anything else he may know about the European Union’s new rules against money laundering and illicit finance. He explains that actually because of recent efforts, not just in Europe but across the globe, new logistics and strategies on how to combat illicit finance and terrorism have been flowing through the European Union. Dr. Mauro further explains, just as many others explain earlier in the forum, that the logistics and proposals that the EU proposes are not unique to Europe, but greatly contribute to global safety and the efforts currently made by the Americans. South Americans, and others.
Dr. Mauro then lays out the general six ideas of the new legislation, developed by the EU. First, the EU must stick to its current laws, of course, and execute them the best they can. Secondly, a single, universal rulebook must be developed for all EU countries. The second point ties into point three, in that the EU needs unilateral supervision. Fourthly, explains Dr. Mauro, the EU needs to establish various support mechanisms in case of issues. Lastly, information exchange and internal strengthening will prove helpful in the European Union’s new framework to combat illicit finance and money laundering. Dr. Mauro briefly lays out the structure of the committee that would be formed by new legislation. Dr. Mauro finishes, claiming that the EU needs to “follow the money”, and many nations need to work with the European Union in its efforts.
