Mar 19, 10:25 PM

EU Committees Approve Anti-Money Laundering Rules, Enhance Pharma Incentives, Extend Exclusivity Period

European Parliament committees have approved new anti-money laundering legislation to create a unified rule book for all 27 EU countries and establish a common enforcement authority. The legislation also includes rules for crypto firms and transfers. Additionally, a new legislative overhaul aims to make the EU more attractive for pharmaceutical companies, with changes to data protection proposals and extending the exclusivity period for new medicines.

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