The Council of the EU adopted the provisional agreements with the European Parliament on the three texts aimed at strengthening the fight against money laundering and terrorist financing (AML/CFT) (see EUROPE B13374A27) on Thursday 30 May at the Energy Council.
The package includes a Regulation that comprehensively harmonises AML/CFT rules across the EU for the first time, closing loopholes for fraudsters. It will apply in three years’ time.
Read the text: https://aeur.eu/f/cfz
It also...