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Archive » April 2022 » Anti-money laundering, towards a new European order

Anti-money laundering, towards a new European order

Fulvio Berghella
April 2022 - n. 4
Keywords: Antiriciclaggio, normativa europea, vigilanza Aml/Cft
Jel codes: K40, K42

With a package of four legislative proposals, a new regulatory and institutional framework for Aml/Cft is launched within the Eu. A single code for all States, with more specific provisions on customer due diligence, beneficial ownership and politically exposed persons, abuse of bearer instruments and a maximum limit for cash. The rules are extended to the entire crypto-asset sector, to crowdfunding platforms, to operators providing migration services. The new European authority will transform supervision and strengthen cooperation between national Financial intelligence units.

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