• The 4th Anti Laundering Directive, more of the same?

      Haynes, Andrew (LNUK, 2017-01-01)
      The 4th EU Laundering Directive has now been passed and will come into effect on 26th June 2017. We still await the publication of the new UK Money Laundering Regulations which will put the Directive into effect in this country but the basis of the new law is clear and the UK’s forthcoming departure from the EU is unlikely to make any difference as this is an area where there is no significant distinction between the member states’ views on the topic. The contents of the Directive represent a minimum that must be adopted although Member States are permitted to go further should they wish.
    • The new anti-laundering directive, the law moves on

      Haynes, Andrew (Sweet & Maxwell, 2016-12-31)
      The 4th EU Laundering Directive has now been passed and will come into effect on 26th June 2017. We still await the publication of the new UK Money Laundering Regulations which will put the Directive into effect in this country but the basis of the new law is clear and the UK’s forthcoming departure from the EU is unlikely to make any difference as this is an area where there is no significant distinction between the member states’ views on the topic. The contents of the Directive represent a minimum that must be adopted although Member States are permitted to go further should they wish.