the European commission would like to see the cash movement of the European union a more comprehensive control.
the state council issued on Thursday submitted to parliament the commission's December proposal to the union entering or leaving the cash control regulation.
the Commission also proposed to the existing regulation be repealed.
the Aim is to prevent more effectively the money laundering and terrorist financing.
the Current setting, over 10 000 euros in cash must notify the local customs authority.
the competent authorities have the right to make amendments.