Log in/out

Our extensive knowledge at your fingertips

Money Laundering & Terrorist Financing

Europe

This section covers AML/CTF initiatives by European Commission, Council of Europe MONEYVAL, European Parliament, Europol and other related EU organisations.

New EU AML Package
Sixth EU ML Directive
Fifth EU ML Directive 
Fourth EU ML Directive 
Third EU ML Directive
European Commission Financial Crime
European Parliament Committee on Organised Crime, Corruption and ML
European Banking Federation Annual Overview of AML legislative measures
Europol Law Enforcement updates
MONEYVAL Evaluations
MONEYVAL Typologies

And many more…

Sections

Latest editions

Search

U

AMLA Chair appears before EP’s ECON and LIBE Committees to present AMLA’s progress, priorities, and answer MEPs on high-risk countries, crypto-assets, drug-related ML, and law-enforcement coordination

December 2, 2025

She highlighted AMLA’s immediate priorities for 2026: focusing on level-2 mandates with the greatest industry impact, preparing for direct supervision from 2028, developing standards and tools to enhance FIU effectiveness and cross-border cooperation, and establishing an internal risk-analysis function to guide risk-based approaches at both EU and national levels…

ESMA issues a statement under MiCA setting out standardised, machine-readable formats for crypto transactions, identifiers, and white papers, strengthening transparency, traceability, and market integrity

November 28, 2025

The statement mandates that order-book and transaction records be maintained in machine-readable JSON format, that legal-entity clients and crypto-assets be identified using LEIs and DTIs respectively, and that crypto-asset white papers follow a standardised iXBRL/XHTML template per ESMA’s taxonomy. By harmonising data formats and identifiers, the guidance enhances regulatory oversight, improves traceability, and strengthens market integrity, helping authorities detect market abuse, money-laundering, and illicit flows…

Europol seizes 16.6M counterfeit and dangerous toys worth €36.8M, reporting 555 individuals in a major crackdown on organised illicit trade

November 27, 2025

Over successive rounds of Operation LUDUS, Europol coordinates seizures of millions of counterfeit and unsafe toys, uncovering complex trafficking networks that exploit weak online-marketplace oversight, limited traceability and minimal import controls. The operations expose both significant intellectual-property and economic harm to legitimate manufacturers and serious consumer-safety risks, including toxic-…

EP and the Council of the EU secure a landmark payments deal that clamps down on online fraud, boosts consumer protection, and forces full fee transparency to make digital payments safer and fairer 

November 27, 2025

EP and the Council of the EU have reached a deal on new payment-services rules (PSR/PSD3) that significantly bolster consumer protection by cracking down on online fraud, making providers liable when they fail to prevent it, requiring stronger verification and quicker victim reimbursement, mandating full transparency on fees, and improving access to cash, marking a major overhaul of the EU’s payments…

EC releases draft format for submitting BOI to central registers, providing a checklist of min. data requirements to standardise reporting, enhance transparency, and support AML efforts across the EU

November 27, 2025

The aim is to support harmonisation under the broader EU anti-money laundering (AML) framework, ensuring that BOI data (for companies, trusts and other legal arrangements) are recorded in a central register in a way that is machine-readable, usable and legally reliable. The formats would facilitate easier verification, automated checks, and help regulators, financial institutions and obliged entities efficiently…

EP adopts a resolution on the impact of AI on the financial sector, highlighting its potential for smarter fraud detection and AML monitoring while stressing the need for strong oversight to prevent risks and FC threats

November 25, 2025

To harness AI responsibly, EP urges robust human oversight, transparent and explainable models, rigorous data governance, reinforced supervisory expertise, and international cooperation—ensuring innovation drives efficiency and financial integrity without opening doors to fraud, money laundering, or discriminatory practices…

 

 

EP’s latest briefing shows that the EU’s new AML/CFT framework, anchored by AMLA, unifies supervision, closes regulatory gaps, enforces stricter due diligence and BO rules

November 24, 2025

The briefing aims to harmonise supervision, close regulatory gaps, and strengthen enforcement across the bloc through a single AML rulebook, stricter due-diligence and beneficial-ownership transparency rules, an expanded list of obliged entities, a €10,000 cash-payment cap, and enhanced cross-border cooperation to better detect, prevent, and prosecute money laundering and terrorist financing…

EBA’s 2025 Factsheet, AI Act: Implications for the EU Banking and Payments Sector, urges banks to enforce strict governance, transparency, and accountability for high-risk AI in credit scoring

November 21, 2025

The EBA’s analysis identifies that AI systems commonly used by banks — such as those for evaluating creditworthiness, pricing, customer clustering and transaction monitoring — fall under the high-risk category of the AI Act and must comply with obligations including rigorous documentation, risk-management procedures, post-deployment monitoring and log-keeping. While the EBA finds no fundamental conflict..

Europol leads an IP cyber-patrol to disrupt sophisticated, crypto-funded digital piracy networks, tracing €47 M in illicit crypto flows and shutting down dozens of illegal streaming platforms

November 19, 2025

Europol traced around €47M in cryptocurrency to disrupt digital piracy networks, working with EUIPO and Spain’s Policía Nacional during a cross-border “Cyber-Patrol Week,” identifying 69 piracy and illegal streaming sites, referring 25 illicit IPTV services for takedown, and investigating 44 additional platforms, signaling a strategic shift from simply shutting down websites to targeting the financial flows sustaining…

EBA’s report ‘Response to the EC’s Call for Advice on 6 AMLA Mandates’, outlines a risk-based, harmonised framework for risk assessments, supervision, CDD, sanctions, and information sharing

November 14, 2025

The EBA formally recommends to the European Commission core design features for the forthcoming EU AML/CFT framework and the establishment of the new Anti-Money Laundering Authority. Its submission emphasises proportionate, risk-based supervision and robust cooperation mechanisms to ensure the regime’s effective and timely implementation…

EU Commission proposes new legislation to boost EU-wide cooperation and data sharing to tackle cross-border VAT fraud and dismantle organised tax-fraud schemes

November 14, 2025

The proposal introduces enhanced mechanisms for cross-border information exchange, joint analytics, and coordinated enforcement to address complex and fast-moving VAT fraud schemes. It further aims to modernise Member States’ administrative capacities, ensuring more consistent compliance, reduced revenue loss and a more resilient EU VAT system…

MEP backs simpler sustainability reporting and due diligence rules, easing burdens for most firms while keeping key obligations for large companies and creating a free digital compliance portal

November 13, 2025

MEPs have voted to simplify sustainability reporting and due diligence rules: under their negotiating position, only very large companies (with over 1,750 employees and €450 million turnover) would need to report, due diligence duties would apply only to corporations with over 5,000 employees and €1.5 billion turnover, there would be no mandatory transition plans, and liability would remain at the national level …

No results found.