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According to a Commission proposal of 20 July 2021, the EU should have in place a Regulation on the prevention of money laundering and terrorist financing. The Regulation will include stricter, more uniform and directly applicable EU rules on money laundering. It will form part of the EU's objective for EU single AML/CFT rulebook.

At the heart of the legislative proposal to overhaul the EU’s AML/CFT rules as presented on 20 July 2021 is the creation of a new EU authority which will be tasked with AML/CFT supervision in the EU and support of EU Financial Intelligence Units (FIUs). The EU AML Authority (AMLA) is designed to become the centrepiece of an integrated system of national AML/CFT supervisory authorities.

On 20 July 2021, the Commission presented an ambitious package of legislative proposals that are designed to overhaul the EU’s anti-money laundering and countering the financing of terrorism (AML/CFT) rules. The package includes the creation of a new EU AML/CFT authority, an EU single rulebook for AML/CFT, and the full application of the EU AML/CFT rules to crypto-currencies.

In a resolution of 8 July 2021 on the EU Global Human Rights Sanctions Regime (EUGHRSR, also called the EU Magnitsky Act → eucrim 4/2020, 258), the European Parliament called on the Commission and the High Representative of the EU for Foreign Affairs and …

The European Parliament increased pressure on the European Commission to apply the budget conditionality regulation of 16 December 2020. MEPs reiterated in a resolution adopted in plenary on 8 July 2021 that guidelines currently being developed by the Commission are unnecessary. Parliament will continue preparations to sue the Commission for “non-action”.

On 16 July 2021, the European Public Prosecutor’s Office (EPPO) informed that it started a criminal investigation against four Croatian citizens being allegedly involved in a corruption scheme. It is presumed that the mayor of a Croatian city received bribes from a company manager in …

Six weeks after the European Public Prosecutor's Office (EPPO) started its operational and investigative activities, the body took stock of its work. In a brief press release dated 16 July 2021, the EPPO informed the public that it processed more than a thousand reports …

The European Public Prosecutor’s Office (EPPO) and the European Commission signed a working agreement. The agreement implements Art. 103(1) of Council Regulation (EU) 2017/1939, which provides that the EPPO shall establish and maintain a cooperative relationship with the European Commission for the purpose of …

On 22 July 2021, Europol, Interpol and OLAF reported on the successes of operation “OPSON X”. This operation, which is carried out each year, targets trafficking of counterfeit and substandard food and beverage. For operations in previous years →eucrim 2/2020, 80 and eucrim …

Within the framework of the biggest operation against trafficking of refrigerant gases (Operation Verbena), Spanish authorities were able to dismantle a criminal organisation that illicitly traded and smuggled the gases. The business is lucrative since the import of refrigerant gases (also called F-gases …