New Anti-Money Laundering Regulation in the EU: A Detailed Overview

January 18, 2024
Banner for the article about the new EU Anti-Money Laundering Regulation 2024

On 18th January 2024, a significant milestone was achieved in the European Union’s efforts to combat financial crimes. The European Council and Parliament reached a provisional agreement on crucial parts of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) package. This agreement marks the adoption of a new, robust set of measures aimed at tightening the EU’s defenses against money laundering and terrorist financing, including 


These measures aim to close loopholes that have been exploited by criminals and to improve the coordination of national anti-money laundering (AML) systems.

Key Changes Introduced by the New AML Regulation






Key Changes Introduced by the 6th AML Directive






Once finalized, the texts will be presented to member states’ representatives in the Committee of Permanent Representatives and the European Parliament for approval. If approved, the Council and Parliament must formally adopt the texts before they are published in the EU’s Official Journal and enter into force.