It has pursued this goal by creating and assisting in the implementation of multilateral conventions promoting the harmonisation of conflict of laws principles in diverse subject matters within private international law.

Although this proposal is limited, it is a step in the right direction, promoting the harmonisation of customs procedures, with the aim not only of supplementing the supervision of cross-border fund transfers by financial institutions, but also of monitoring cash movements at or above the threshold of EUR 15 000, which warrants our support.