European Union: Regulation on information accompanying transfers of funds and certain crypto-assets
Progress
Scope
Timeline of events
Implemented Regulation on information accompanying transfers of funds and certain crypto-assets
On 30 December 2024, the Regulation on information accompanying transfers of funds and certain crypto-assets was implemented. The Regulation is part of the EU anti-money laundering and countering terrorism financing package (AML/CFT), presented by t…
Entry into Force with Grace Period of Regulation on information accompanying transfers of funds and certain crypto-assets
On 29 June 2023, the Regulation on information accompanying transfers of funds and certain crypto-assets entered into force with a grace period. The Regulation aims to ensure the traceability of crypto-asset transfers by introducing an obligation fo…
Adopted by Council Regulation on information accompanying transfers of funds and certain crypto-assets
On 16 May 2023, the Council of the European Union adopted the Regulation on information accompanying transfers of funds and certain crypto-assets. The Regulation is part of the EU anti-money laundering and countering terrorism financing package (AML…
Passed Regulation on information accompanying transfers of funds and certain crypto-assets by the European Parliament
On 20 April 2023, the European Parliament passed the Regulation on information accompanying transfers of funds and certain crypto-assets. The Regulation is part of the EU anti-money laundering and countering terrorism financing package (AML/CFT), pr…
Reached Parliament and Council agreement on Regulation on information accompanying transfers of funds and certain crypto-assets
On 29 June 2022, the European Parliament and the Council reached a provisional agreement on the proposal for a regulation on “information accompanying transfers of funds and certain crypto-assets”. The proposal is part of the EU anti-money launderi…
Adopted Parliament's position on Proposal for a Regulation on information accompanying transfers of funds and certain crypto-assets
On 31 March 2022, the European Parliament Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties (LIBE) adopted their position on the Commission's proposal on “information accompanying transfers of funds and certain c…
Closed consultation on AML/CFT rules introducing obligations for crypto-asset service providers
The European Commission closed a consultation on the legislative package in the area of anti-money laundering (AML) and countering the financing of terrorism (CFT) on 28 November 2021. In general, the package consists of a new regulating authority (…
Opened consultation on AML/CFT rules introducing obligations for crypto-asset service providers
The European Commission opened a consultation on the legislative package in the area of anti-money laundering (AML) and countering the financing of terrorism (CFT) on 22 July 2021. The consultation will end on 28 November 2021. In general, the packa…
Announced AML/CFT rules introducing obligations for crypto-asset service providers
The European Commission announced a legislative package in the area of anti-money laundering (AML) and countering the financing of terrorism (CFT) on 20 July 2021. In general, the package consists of a new regulating authority (EU AML/CFT Authority …