On 20 July 2021, the European Commission presented an ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing (AML/CFT) rules.
The complex issue of tackling dirty money flows is not new. The fight against money laundering and terrorist financing is vital for financial stability
and security in Europe. Legislative gaps in one Member State have an impact on the EU as a whole.
That is why EU rules must be implemented and supervised efficiently and consistently to combat crime and protect our financial system.