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European Parliament and European Council Propose Directive on Combating Fraud and Counterfeiting of Non-Cash Means of Payment

On September 13, 2017 the European Parliament and the European Council introduced a proposal for a directive on combating fraud and counterfeiting of non-cash means of payment and replacing Council Framework Decision 2001/413/JHA.

The European Agenda on Security has acknowledged that this framework decision does not address new challenges and technological developments, such as virtual currencies and mobile payments.

The objectives of this proposal are:

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