New rules for cross-border cash movements

KW: This story is right out of Control Room 1. Arguing that these measures are necessary to flush out terrorist movements of cash is pretty weak when the biggest terrorist in the world (The U.S. Government) makes up the rules to blame someone else and avoid there own crimes. Now the war on cash is turning into a war on gold as well.

Cash entering or leaving the European Union will be subject to tougher checks, according to new rules backed by the European Parliament’s Civil Liberties and Economic Affairs committees. The new rules repeal the First Cash Control Regulation (CCR) from 2005, which requires individuals to declare sums over €10,000 when leaving or entering the EU. MEPs

Source: New rules for cross-border cash movements

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