
The European Commission (EC) has initiated an infringement procedure against 17 member states that have failed to implement the 5th Anti‑Money Laundering Directive, a legal framework passed by the European Parliament in April 2018.
The European Union is a political and economic union of 28 member states that are located primarily in Europe.
The European Commission (EC) has initiated an infringement procedure against 17 member states that have failed to implement the 5th Anti‑Money Laundering Directive, a legal framework passed by the European Parliament in April 2018.
Following the World Trade Organization (WTO) ruling, the US has the ability to impose tariffs on $7.5bn of goods exported from the EU.