The rise of crypto assets and decentralized finance has challenged traditional regulatory frameworks, particularly in the area of anti-money laundering and countering the financing of terrorism ("AML/CFT")....more
7/29/2025
/ AML/CFT ,
Anti-Money Laundering ,
Cooperative Compliance Regime ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
EU ,
Financial Crimes ,
Financial Markets ,
Money Laundering ,
Regulatory Requirements ,
Terrorist Financing Regulations
The European Union Anti-Money Laundering ("AML") package includes Regulation (EU) 2024/1620 of the European Parliament and of the Council of May 31, 2024, establishing the Authority for Anti-Money Laundering and Countering...more
7/28/2025
/ AML/CFT ,
Anti-Money Laundering ,
Enforcement ,
EU ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
Money Laundering ,
New Regulations ,
Regulatory Authority ,
Regulatory Oversight ,
Regulatory Requirements
The European Union ("EU") Anti-Money Laundering ("AML") package adopted by the European Parliament and the Council on May 31, 2024, represents a major shift in the fight against money laundering and terrorist financing at the...more
In 2022, anti-money laundering ("AML") and sanctions controls were at the center of regulatory and enforcement activities in the United States and abroad. Globally, governments have continued to recognize the impact of AML...more
In Short -
The Situation: The European Union's Fourth Anti-Money Laundering ("AML") Directive (Directive (EU) 2015/849 of May 20, 2015) granted broad access to information relating to the beneficial owners of companies...more