As the session goes on, the issue of the measures needed came on the surface. All countries presented the measures already taken. All ministers announced their countries measures and how they have been dealing with this problem all those years. However, Luxembourg, Cyprus and Sweden insisted that the measures that already exist haven’t been effective enough and that Europe needs a better functional institutional base.
According to all the countries, terrorism is one of the problems that rises through money laundering. Portugal, Finland and Ponland insisted to pay more attention in specific parts such as tracing suspicious transactions or customers. Based on this proposal France mentioned that it is better to first tackle the money laundering itself and later on confront with terrorism, meanwhile Estonia suggested to coordinate financial units and crime networks throughout Europe.
