Combating money laundering. 1. The Parties agree on the necessity of making every effort and cooperating in order to prevent the use of their financial systems for laundering of proceeds from criminal activities in general and drug offences in particular. 2. Cooperation in this area may include administrative and technical assistance with the purpose to develop the implementation of regulations and efficient functioning of the suitable standards and mechanisms to combat money laundering equivalent to those adopted by the Community and international fora in this field.
Appears in 8 contracts
Samples: Stabilisation and Association Agreement, Stabilisation and Association Agreement, Stabilisation and Association Agreement
