Capital, Payments and Money Laundering in the European Union

• Provides a comprehensive overview of the law on free movement of capital and payments within the EU, including the treaty framework and other EU Treaty provisions
• Gives expert analysis of the framework for combating money laundering, an increasingly complex and significant area of the law
• Gives practical guidance on the prohibition of restrictions on free movement and the permitted exceptions, derogations and safeguard measures

The free movement of capital and payments within the EU and between the EU and third countries is an essential component in establishing the internal market in financial services. This work provides an expert and practical analysis of the Treaty framework governing free movement of capital and payments, covering the definition of capital payments, the prohibition of restrictions on free movement, together with the permitted exceptions, derogations and safeguard measures. It derives from a section in the looseleaf Law of the EU (Vaughan & Robertson, eds), and is made available here for the benefit of those who don't subscribe to the looseleaf. The provisions are considered in the context of other EU Treaty provisions and the international environment. The author also addresses the increasingly complex EU framework for combating money laundering.

Readership: Solicitors and barristers working in commercial, financial and fraud law, academics in the field, accountants and bankers, judges and reference libraries