New Anti-Money Laundering Rules in the EU

The European Council recently adopted new anti-money-laundering (AML) rules. The rules are intended to strengthen and harmonize the European Union’s (EU) AML framework by including the crypto sector and establishing an authority for the supervision and identification of AML threats and risks. For a more detailed understanding, review this MLex article for analysis of the rules and requirements.

Read now » 

Related Content         

• Anti-Money Laundering in International Jurisdictions
  Explore these Lexology Panoramic (formerly known as Getting the Deal Through) international guides for essential aspects of anti-money laundering law and policy in various countries. 

• Bank Secrecy Act, USA PATRIOT Act, AMLA, OFAC, and other Anti-money Laundering / Anti-terrorism Regulations
  Access this practice note for an overview of money laundering and terrorist financing illegal activities. The practice note explores ways in which money launderers attempt to mask the proceeds of an illegal activity so that the proceeds appear to come from legitimate sources, and sets forth the AML rules and regulations applicable to financial institutions. 

• Risk of Cryptoassets—A Financial Crime, Money Laundering, and Terrorist Financing Perspective  
  Examining the risks of cryptoassets from a financial crime, money laundering, and terrorist financing perspective. This practice note considers the risk of cryptoassets to facilitate money laundering and other terrorist activity and the methods employed by regulators in response to these perceived threats.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Trends & Insights provides the latest in news articles and insight documents on trending areas for financial service organizations including EU anti-money laundering rules get green light from member states.
• Financial Services Regulation Trackers provide up to date information on legislation and key administrative proceedings from federal, state, and local banking authorities, e.g., the Corporate Transparency Act Regulations and Guidance Tracker.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
• Explore the Chevron Reversal Impact Resource Kit for analysis related to the Supreme Court’s decision to overturn four decades of deference to federal agency interpretations of ambiguous statutes. 
• State Law Comparison Tool—Financial Institution Regulation Topic provides federal/state-specific guidance and the ability to compare state laws for banking and non-banking financial institutions in the areas of licensing, capital requirements, AML/CFT guidelines, recordkeeping, supervision, and enforcement authority. 
• For Practical Guidance content on important recent trends, review these easy-to-use Resource Kits: 
  • Bank Regulatory Counsel Resource Kit
  • Compliance with OFAC, AML, and USA Patriot Act Resource Kit
  • Environmental, Social, and Governance (ESG) Resource Kit
  • Bank Failure Resource Kit 
• Explore The Summer 2024 PG Journal!
  Review this guidance, AI and Legal Ethics: What Lawyers Need to Know, in the Summer Edition of the Practical Guidance Journal. Explore insights from a judge into the use of GenAI in civil litigation, including discovery issues, use cases, and key takeaways. Also advance your career with professional and business development guidance.
• Learn about the 2000+ leading attorney authors contributing to our 26 practice areas in the Practical Guidance Author Center. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all gender and race.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content. 
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: Generative AI, NFTs, Cannabis, and more. 

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+