The Council of the EU has agreed a final draft of anti-money-laundering directive amendments for presentation to the EU Parliament. The amendments form part of the Commission’s action plan against terrorist financing, announced in February 2016. The directive requires a qualified majority for adoption by the Council and Parliament. Member states will then have 12 months to transpose the directive into their national laws.
The Council of the EU has agreed a final draft of anti-money-laundering directive amendments for presentation to the EU Parliament. The amendments form part of the Commission’s action plan against terrorist financing, announced in February 2016. The directive requires a qualified majority for adoption by the Council and Parliament. Member states will then have 12 months to transpose the directive into their national laws.
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