New 4th Anti-Money Laundering Directive

The EU's 4th Anti Money Laundering Directive (Directive (EU) 2015/849) has been published in the Official Journal of the European Union on 5th June 2015. With it, the Revised Funds Transfers Regulations (Regulation (EU) 2015/847) were also published.

The new EU AML Directive is far reaching in scope, and includes the requirement for Member states to transpose in their national laws provisions to include a public register of beneficiaries of commercial partnerships, trusts and foundations.

The Directive provides for who may view such public registers, and also certain exemptions on certain non-taxable trusts and foundations within the terms of the said Directive and the interpretation thereof.

1. Download the Directive
2. Download the Regulations