( February 5, 2013, 12:40 GMT | Official Statement) -- MLex Summary: New European Union anti-money laundering laws require tighter customer checks, tougher rules on dealing with senior politicians and judges, and lowers the cash payment threshold from 15,000 to 7,500 euros for the rules to bite, the European Commission has proposed. The draft EU laws target the whole gambling sector, certain tax crimes and try to harmonize sanction-setting.The text of the statement and the accompanying memo follows. Click the attachments below to read the draft legislation....
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