Regulation
April 25, 2024

EU Passed New Anti-Money Laundering Regulation

Transforming Financial Oversight: European Parliament Approves Comprehensive Anti-Money Laundering Regulation In a landmark decision, the European Parliament has ratified a new set of anti-money laundering regulations, heralding a new era of financial security within the EU. This comprehensive legislative package aims to tighten the noose on illicit financial activities by establishing a unified regulatory framework […]

EMEA , Legal , Legislation , Regulation
April 1, 2023

New AML/CTF legislation approved by the committees of the European Parliament

The Economic and Monetary Affairs and Civil Liberties, Justice and Home Affairs committees of the European Parliament have given their approval to three draft legislations that aim to strengthen the EU’s anti-money laundering and counter-terrorist financing (AML/CTF) regulations. One of these draft legislations is the “single rulebook” regulation, which aims to standardize AML/CTF policies across […]