The Fourth EU AML/CTF Directive

A holistic risk-based approachScreen Shot 2016-02-25 at 12.47.47

The EU Directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing—more commonly known as the Fourth EU AML Directive—was passed by the European Parliament on May 20, 2015, and came into force on June 25, 2015. The EU member states must implement the required changes in their domestic legislation by June 26, 2017.

This article will focus on one of the most recent initiatives by the EU, which underlines the continued importance of revising and improving existing anti-money laundering/ counter-terrorist financing (AML/CTF) legislative frameworks both within the individual member states and also in a cross-border context in terms of the cooperation between relevant national authorities.


Full article written by Berlin Risk’s Jennifer Hanley-Giersch can be found here.