On 12 February 2020, the Commission started infringement proceedings against eight Member States for not having transposed the 5th Anti-Money Laundering Directive (Directive (EU) 2018/843; see also eucrim 2/2018, pp. 93-94). The Commission sent letters of formal notice to Cyprus, Hungary, the Netherlands, Portugal, Romania, Slovakia, Slovenia, and Spain, because the countries have not notified any implementation measure for the 5th AML Directive. The Commission stressed the importance of the Directive’s rules for the EU’s collective interest. EU Member States were to have transposed the Directive by 10 January 2020. The Member States concerned now have two months to deliver a satisfying response; otherwise, the Commission will send them reasoned opinions.