News

29 March 2014

EC Review of the Third AML Directive – proposed Fourth AML Directive

 

The Third Anti-Money Laundering (AML) Directive sets out a framework which is designed to protect the financial system against the risks of money laundering and terrorist financing and is to a large extent based on international standards adopted by the Financial Action Task Force (FATF).

Further to the publication of a revised set of international standards on 16 February 2012, the Commission committed itself to rapidly updating the EU legislative framework to incorporate the necessary changes.

The Commission has undertaken a comprehensive review of the Third AML Directive and proposed the Fourth AML Directive. FEE has contributed at all stages.

Related files:

 Third AML Directive 2005/60/EC, November 2005

 FEE Survey on European and National Legislation and Guidance on the Prevention of Money Laundering and Terrorist Financing, July 2009

FEE comment letter on Review of the Third Anti-Money Laundering Directive, September 2011

EC Report on the application of the Third AML Directive, April 2012

FEE comment letter on the EC Report on the application of the Third AML Directive, June 2012

Proposed Fourth AML Directive, February 2013

FEE comment letter on the EC’s proposal on the Fourth Anti-Money Laundering Directive, March 2013

FEE comment letter on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, September 2013

FEE comment letter on proposed amendments to the EC’s proposal for a directive on the prevention of the use of the financial system for the purpose of money-laundering and terrorist-financing, November 2013

FEE Article in The Parliament Magazine, February 2014 (on page 15)

Related links: 

FEE Anti-Money Laundering Round Table “Joining Forces to Better Fight Money Laundering”, Wednesday 18 April 2012

EC website Financial Crime

 

Related content

PublicationThe 5th Anti-Money Laundering Directive

22 June 2018

PublicationPreventing money laundering and terrorist financing

22 June 2018

PublicationWar in Ukraine – what European accountants need to know

9 March 2022

NewsWar in Ukraine – responses from the accountancy profession

9 March 2022

Consultation responseEC’s consultation on AML/CFT legislative package

17 November 2021

Consultation responseEC’s consultation on guidance on the use of public-private partnerships in the framework of AML/CFT

28 October 2021

Team memberChara Georgiou

17 September 2021

Consultation responseEC’s consultation on fighting the use of shell entities and arrangements for tax purposes

31 August 2021

BlogHow to proactively manage money laundering risks?

19 July 2021

BlogMoney laundering is a real issue: are we doing enough to fight it?

12 July 2021

EventBuilding an effective anti-money laundering ecosystem

17 June 2021

PublicationBuilding an effective Anti-Money Laundering ecosystem

28 May 2021

Consultation responseEC’s Supra National Risk Assessment (SNRA) report

16 December 2020

Podcast Accountants & the fight against financial crime (Part 2)

2 October 2020

Podcast The EU & the fight against financial crime (Part 1)

18 September 2020

Consultation responseEC’s consultation on AML action plan

16 July 2020

In the mediaQuandary over future European supervisor, stakeholders give their opinions

25 June 2020

EventThe EU’s fight against financial crime: Diving into the Anti-Money Laundering Action plan

10 June 2020

NewsAccountancy Europe supports new EU action against money laundering

8 May 2020

PublicationOur work on the future of audit & assurance

4 May 2020

Consultation responseEC’s consultation on the Directive for Administrative Cooperation in Direct Taxation

2 April 2020

PublicationAuditors’ role in anti-money laundering

17 December 2019

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?