Whereas lack of Community action against money laundering could lead Member States , for the purpose of protecting their financial systems , to adopt measures which could be inconsistent with completion of the single market; whereas , in order to facilitate their criminal activities , launderers could try to take advantage of the freedom of capital movement and freedom to supply financial services which the integrated financial area involves , if certain coordinating measures are not adopted at Community level.. This sentence is hard to understand. A simpler version with equivalent meaning is the following:
Failure to tackle money laundering by the Community could lead Member States to take measures to protect their financial systems that are incompatible with the completion of the internal market . Money launderers could seek to take advantage of the freedom of movement of capital and related financial services that a single financial space brings with it in order to facilitate their criminal activities if the community does not take some co-ordination measures .