1. This document contains the Commission's final report in response to a request from the Council of Ministers (JHA/ECOFIN), which concluded at its meeting of 17 October 2000 that: "The Council, recognising that the surveilla
nce of cross-border cash flows can improve the effectiveness of
the daily struggle against money laundering, calls on the Commission to examine, before 1 July 2001, the possibility of submitting a proposal aimed at rendering existi
...[+++]ng national provisions more consistent and strengthening them, enabling the Member States to institute such a system and providing for the exchange of information".