European Union: Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing
Progress
Scope
Timeline of events
Adopted Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing by the Council
On 30 May 2024, the Council of the European Union adopted the regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing. The regulation expands the list of obliged entities to include…
SourcePassed Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing by European Parliament
On 24 April 2024, the European Parliament passed the regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing. The regulation expands the list of obliged entities to include all cryp…
SourceReached Council and Parliament provisional agreement on Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing
On 18 January 2024, the European Parliament and the Council reached a provisional agreement on parts of the regulation that exhaustively harmonises anti-money laundering rules throughout the European Union. The regulation expands the list of obliged…
SourceApproved European Parliament negotiation mandate for proposals to reform the EU’s policies on anti-money laundering and countering the financing of terrorism
On 17 April 2023, the European Parliament announced the approval of its negotiation mandate on the Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (AML/CFT). Under the propo…
SourceAdopted Council of EU general approach on Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing
On 7 December 2022, the Council of the European Union adopted its position on Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (AML/CFT). Under the Council general approach, …
SourceIssued European Commission proposal for a Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing
On 20 July 2021, the European Commission issued a proposal for a Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (AML/CFT). The proposal includes provisions on beneficial ow…
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