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Finance
  • News article
  • 24 April 2024
  • Directorate-General for Financial Stability, Financial Services and Capital Markets Union
  • 1 min read

Latest update on Anti-money laundering and countering the financing of terrorism legislative package

   

The final elements of the ambitious package of legislative proposals to deliver a stronger and consistent set of anti-money laundering and countering the financing of terrorism (AML/CFT) rules at EU level proposed on 20 July 2021 by the European Commission are now agreed by co-legislators. The agreement also covers the institutional side with the creation of a new EU authority to fight money laundering (AMLA) which will be at the core of the system implementing the new framework.

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