Brussels seek breakthrough on financial regulation

BELGIUM - The European Commission will try to break a deadlock today in negotiations on the introduction of tough measures against money laundering, which have so far been resisted by the European parliament.

The Commission's proposals predate concerted efforts in the past two weeks to clamp down on terrorist financing but have been given added impetus by the 11 September attacks.

The dispute between the Commission and the parliament centres on a proposal by some MEPs that lawyers be excluded

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