Results of the CFE Survey on the Implementation of the 4th AML Directive


BACKGROUND EU Member states had until 26 June 2017 to implement the 4th EU Anti-Money Directive (“AMLD”) into domestic legislation. The 4th AMLD reinforces the existing rules by introducing the following changes: reinforcing risk assessment obligation for certain obliged entities; setting transparency requirements about beneficial ownership for companies, facilitating cooperation and exchange of information [...]