Recital 164
Financial crimeLevel 1RegulationAMLRIn forceOfficial source
The Commission should assess the costs, benefits and impacts of adjusting the limit for large cash payments at Union level with a view to levelling further the playing field for businesses and reducing opportunities for criminals to use cash for money laundering. That assessment should consider in particular the most appropriate level for a harmonised limit to cash payments at Union level considering the current existing limits to cash payments in place in a large number of Member States, the enforceability of such a limit at Union level and the effects of such a limit on the legal tender status of the euro.