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EU proposes forum for money laundering

The European Union commissioner for justice and home affairs wants a forum on financial regulations reports the Financial Times.


The former Portuguese defence minister Antonio Vitorino says the forum would aid the fight against organised crime by allowing police to share information on money laundering.


The report says Vitorino will raise the issue of hi-tech money laundering and cross-border organised crime at a meeting of the Group of Eight countries in Moscow on October 19.

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