2015

Adoption of the 4th Anti-Money Laundering Directive (Directive (EU) 2015/849) on preventing the use of the financial system for money laundering or terrorist financing by the EU Parliament and Council. It becomes one of the pillars of the EU’s legal framework on AML/CFT, along with the Regulation (EU) 2015/847 on information on the payer accompanying transfers of funds, which makes fund transfers more transparent, thereby helping law enforcement authorities to track down terrorists and criminals