- EU Legislation
- European Union (EU) legislation is, to a large extent, based on the international standards adopted by the Financial Action Task Force (FATF), of which the European Commission is a founder member. The EU framework requires Member States of the EU to introduce measures requiring Financial Institutions and Designated Non-Financial Businesses and Persons to take appropriate action to prevent them from being used for the purposes of money laundering or terrorist financing.
The following Directives have been transposed into local legislation, which is currently still in force. On the other hand, the Regulation, is directly applicable.
Click on the following PDF links to download the relevant Directives and Regulation:2005/60/EC - Third Money Laundering Directive
Regulation (EU) 2015/849 - Fourth Money Laundering Directive
Regulation (EU) 2015/847 - Information accompanying transfers of funds
2006/70/EC - Implementation Directive
Regulation (EC) 1781/2006
The Directive Amending the Fourth Money Laundering Directive was published on the 19th June 2018.
Click on the following PDF links to download the relevant Directive and Regulation: