The European Commission has referred Austria, Belgium and the Netherlands to the Court of Justice of the European Union for failing to fully implement the fourth Anti-Money Laundering Directive (4AMLD ...

1 On 19 June 2024, the AML Package was published in the Official Journal of the EU. This legislative package consists of: (a) Regulation (EU) 2024/1620 of the European Parliament and of the Council of ...

The EU's Fifth Anti-Money Laundering Directive (“5AMLD”) will subject certain participants in the crypto-asset sector to regulation for anti-money laundering (AML) and counter-terrorism financing (CTF ...

European financial firms are preparing to implement new anti-money laundering rules that will require reporting about the real owners of the businesses they work with. The rules, intended to help EU ...

On January 3rd, 2020, Bitcoin - the world’s first cryptocurrency, celebrated its 11th anniversary. This was the date when the first block of bitcoins were mined. A week later the EU’s 5th AML ...

With $2 million in funding behind it and a growing user base, Lightning Network wallet and tipping service Bottle Pay was becoming one of the hottest new Lightning service providers of 2019. Then, ...

The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to ...

Next year is to be crucial for the crypto industry in Europe, when the EU Fifth Anti-Money Laundering Directive will be transposed into the national legislation of each EU member state. In January ...

In the context of the increasingly complex compliance environment within which financial entities operate today, banks are often faced with a conflict between the need to respect fundamental ...

The EU continues its fight to protect EU citizens and the EU's financial system against money laundering and terrorist financing. In order to enlarge the scope of the existing regulatory framework and ...