Lawyers’ views sought on money laundering obligations

The European Commission has published an online questionnaire on how individual legal professionals and law firms apply anti-money laundering obligations.

The information gathered will be used for the preparation of a report on implementation of the second anti-money laundering Directive to be submitted to the European Parliament and the Council in 2006.

Direct involvement of individual legal professionals and law firms in the preparation of the report is a prerequisite to ensuring that it properly reflects their practical experience and the potential difficulties they encounter in fulfilling their obligations.

Respondents are invited to give their views on questions related to the effectiveness of the reporting obligation, compliance costs and the impact of the Directive on the demand for legal services, among others. The questionnaire can be filled in anonymously.

The questionnaire is available in several languages at: http://europa.eu.int/yourvoice/ipm/forms/dispatch?form=moneylaundering1