Search and filter

News Guide

Region
Foundations
Institutions
Specific Areas of Crime 1 selected
Procedural Criminal Law
Cooperation

Publication

Year
Type
Clear all

News

141 results

MONEYVAL: Fifth Round Evaluation Report on Estonia 
22 February 2023
Dr. András Csúri Dr. András Csúri
On 25 January 2023, MONEYVAL published its fifth-round evaluation report on Estonia based on an onsite visit concluded in May 2022. Among other things, the report encourages the country to reinforce the capacities and performance of the private sector and improve its law enforcement efforts in the field of AML/CFT. Read more
Council of Europe Money Laundering
MONEYVAL: Fifth Round Evaluation Report on Monaco 
19 February 2023
Dr. András Csúri Dr. András Csúri
On 23 January 2023, MONEYVAL pub-lished its fifth-round evaluation report on the Principality of Monaco, based on an onsite visit concluded in March 2022. The fifth evaluation round builds on previous MONEYVAL assessments by strengthening the examination of how effectively Member States prevent and combat money laundering (ML) and ter-rorism financing (TF). The report states that Monaco demon-strates a moderate level of effectiveness in relation to the following issues: Read more
Council of Europe Money Laundering
CEO and BEC Fraud Dismantled 
12 January 2023
Cornelia Riehle LL.M. Cornelia Riehle LL.M.
At the beginning of December 2022, a Joint Investigation Team made up of authorities from Romania, Italy, and the Ukraine - with the support of Eurojust and Europol - dismantled an organised crime group (OCG) suspected of money laundering and CEO and BEC (Business E-Mail … Read more
EU Europol Eurojust Money Laundering
Spotlight CJEU: No Unrestricted Access to Data of Beneficial Owners 
10 January 2023 (updated 2 years, 2 months ago)
Thomas Wahl Thomas Wahl in Issue 4/2022
On 22 November 2022, the CJEU, sitting in for the Grand Chamber, declared the current provision of the Anti-Money Laundering Directive invalid by which the general public had nearly unrestricted access to data of beneficial owners. Read more
EU Fundamental Rights Money Laundering Data Protection
CJEU Rules on Due Diligence Obligations under 4AMLD 
15 December 2022
Thomas Wahl Thomas Wahl
On 17 November 2022, the CJEU delivered a judgment that interprets several provisions of the 4th Anti-Money Laundering Directive. The case concerned questions as to when enhanced due diligence measures must be taken, how information on the customer’s activities is to be obtained, and how information on the sanctions applied to obliged entities is to be published. Read more
EU Money Laundering
Council Position on Central Pieces of AML Package 
14 December 2022 (updated 3 years, 2 months ago)
Thomas Wahl Thomas Wahl in Issue 4/2022
On 7 December 2022, the Council adopted its position on the Anti-Money Laundering Regulation and the new (sixth) Anti-Money Laundering Directive. The Council wishes, inter alia, to extend the scope of the AML/CFT Regulation, streamline the listing of high-risk third countries, and harmonise beneficial ownership rules. Read more
EU Money Laundering
Moneyval: Fifth Round Evaluation Report on Liechtenstein 
29 November 2022
Dr. András Csúri Dr. András Csúri
On 29 June 2022, MONEYVAL published its fifth round evaluation report on Liechtenstein. The fifth evaluation round builds on previous MONEYVAL assessments by strengthening the examination of how effectively Member States prevent and combat money laundering (ML) and terrorism financing (TF).MONEYVAL acknowledges for Liechtenstein … Read more
Council of Europe Money Laundering
Eurojust Publishes Report on Money Laundering 
25 November 2022
Cornelia Riehle LL.M. Cornelia Riehle LL.M.
On 20 October 2022, Eurojust published its first Report on Money Laundering. The report, which aims to support national authorities, presents a structured overview of the legal and practical issues arising from the investigation and prosecution of cross-border money laundering cases. Read more
EU Eurojust Money Laundering
EPPO Establishes Advisory Board for Asset Recovery and Money Laundering 
12 October 2022
Thomas Wahl Thomas Wahl
By decision 042/2022 of 28 September 2022, the EPPO College established an asset recovery and money laundering advisory board (ARMLAB). It is a central body within the EPPO, building up expertise as well as facilitating and streamlining EPPO’s strategic objectives in the fields of asset recovery and money laundering. Read more
EU European Public Prosecutor's Office (EPPO) Money Laundering Freezing of Assets / Confiscation
Crack-Down of Invoice Fraud 
2 September 2022
Cornelia Riehle LL.M. Cornelia Riehle LL.M.
At the end of July 2022, Europol and Hungarian authorities released the results of two action days that had been carried out in November 2021. As a result, Hungarian authorities were able to arrest nearly 100 individuals suspected of defrauding public sector companies. The syndicate … Read more
EU Europol Money Laundering Organised Crime
Moneyval: Latest Follow-up Reports 
8 August 2022
Dr. András Csúri Dr. András Csúri
Moneyval's latest follow-up reports published on 8 and 10 June 2022 have upgraded the level of compliance of the following member states from "partially compliant" to "largely compliant" in a number of areas:Hungary in three areas: correspondent banking, internal control of financial institutions and … Read more
Council of Europe Money Laundering
Moneyval: Annual Report for 2021 
8 August 2022
Dr. András Csúri Dr. András Csúri
On 4 May 2022, MONEYVAL published its annual report for 2021. The Committee examined the measures needed to improve the fight against money laundering. It also assessed compliance with international standards and the evolution of the legal and institutional framework for the prevention of … Read more
Council of Europe Money Laundering
Moneyval: Fifth Round Evaluation Report on Bulgaria 
8 August 2022
Dr. András Csúri Dr. András Csúri
On 27 June 2022, MONEYVAL published its fifth-round evaluation report on Bulgaria. The fifth evaluation round builds on previous MONEYVAL assessments examining in a strengthened way how effectively Member States prevent and combat money laundering (ML) and terrorism financing (TF). The compliance level refers … Read more
Council of Europe Money Laundering
EBA’s Second Report on Performance of AML/CFT Banking Supervision 
11 April 2022 (updated 2 years, 10 months ago)
Thomas Wahl Thomas Wahl in Issue 1/2022
On 22 March 2022, the European Banking Authority (EBA) published the main findings of the second round of reviews of authorities’ approaches to the supervision of banks regarding anti-money laundering and countering the financing of terrorism (AML/CFT). These review reports are part of the EBA’s … Read more
EU Money Laundering
MONEYVAL: Fifth Round Evaluation Report on Croatia 
31 March 2022
Dr. András Csúri Dr. András Csúri in Issue 1/2022
On 3 February 2022, Moneyval published its fifth round evaluation report on Croatia. The understanding of ML risks is uneven between Croatian authorities, ranging from full understanding (Croatian National Bank) to inadequate understanding (tax administration). The understanding of TF risks is poor across all … Read more
EU Money Laundering
MONEYVAL: Fifth Round Evaluation Report on Poland 
31 March 2022
Dr. András Csúri Dr. András Csúri in Issue 1/2022
On 1 February 2022, Moneyval published its fifth round evaluation report on Poland. Moneyval called on the Polish authorities to improve the regulatory framework and to strengthen the practical application of measures to stop money laundering and the financing of terrorism (ML/TF). According to … Read more
Council of Europe Money Laundering