Member States’ ambassadors to the European Union (Coreper) agreed on Wednesday 1 December on the EU Council’s negotiating position with the European Parliament on the proposed regulation extending EU transfer information rules to crypto-assets.
Included in the July legislative package to combat money laundering and terrorist financing (see EUROPE B12766A5), this proposal aligns EU rules with the standards set by the Financial Action Task Force (FATF) within the OECD.
When transferring...