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Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes

article  3

CELEX:  31997L0009

Claims arising out of transactions in connection with which a criminal conviction has been obtained for money laundering, as defined in Article 1 of Council Directive 91/308/EEC of 10 June 1991 on prevention of the use of the financial system for the purpose of money laundering (10), shall be excluded from any compensation under investor-compensation schemes.