On 20 May 2015, the European Parliament adopted the Fourth Money Laundering Directive 2015/849 (4MLD) and, on 5 June 2015, it was published in the Official Journal of the EU. Press Releases were issued by the European Parliament and the European Commission. The Directive will come into force on 25 June 2015 and a process to guide Member States in implementing the Directive into national law is expected to appear in the coming months. The implementation period is two years.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.