State of Financial Crime 2023 Report
A Guide to the 6th Anti-Money Laundering Directive
Since 1991, the EU’s strategy for tackling money laundering has centered on the transposition of a succession of Anti-Money Laundering Directives into the national laws of the member states. 5AMLD extended existing AML regulations to cryptocurrencies and cryptocurrency exchanges, along with improved access to data on corporate ownership and PEPs. However, there is a lack of legislative consistency on money laundering offenses across the EU.
6AMLD, which came into force in December 2021, seeks to address these issues by harmonizing the definitions of money laundering offenses, extending criminal liability to legal persons, establishing tougher punishments, and by enhancing cooperation between states for the prosecution of financial crime.
Fill in your details and we will email you a copy of the report, covering the following topics:
- The EU and AMLDs
- Why 6AMLD?
- 6AMLD: The changes
- Responsibilities and Opportunities
- Special Challenges
- Future developments
Fill in your details and we will email you the report:
If you use an adblocker in your browser, you may not be able to access the registration form above. Disable your adblocker if the form does not appear.
Disclaimer: This is for general information only. The information presented does not constitute legal advice. ComplyAdvantage accepts no responsibility for any information contained herein and disclaims and excludes any liability in respect of the contents or for action taken based on this information.
Copyright © 2023 IVXS UK Limited (trading as ComplyAdvantage).