Article
AML Playbook: EU Edition #1: The New EU AML/CTF Package
The European Union has fundamentally restructured its anti-money laundering framework through a comprehensive legislative package that replaces fragmented national implementations with directly applicable regulations. This transformation introduces a new EU-wide supervisory authority, expands the scope of regulated entities, and establishes harmonized customer due diligence requirements across all member states.
A&O Shearman