Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-11-13-Speech-2-044"
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"en.20011113.3.2-044"2
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"Mr President, the thorny problem in the text before us is, of course, the balance between the legally recognised obligation of professional secrecy, on the one hand, and, on the other, the duty to pass information which assists the fight against money laundering to the appropriate authorities.
The money-laundering directive imposes a string of obligations on credit and financial institutions, with the result that money launderers have simply switched to other sectors, hence the need to extend the scope of the directive to other professions. Whilst we of course welcome more stringent measures, they should not lead to a watering down of the obligation of professional secrecy for various professions, and above all for lawyers, notaries and tax consultants.
Mr Rothley is right in saying that the text before us is chipping away at the principle of
no one is bound to incriminate himself. However, that is the very compromise that we think is workable, and we believe that the need to balance professional secrecy on the one hand and the need to bring criminals to book on the other has been solved in an acceptable way, and we shall therefore be voting in favour of this."@en1
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"nemo tenetur se ipsum accusare"1
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