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EC: Action plan for a comprehensive EU policy on preventing money laundering and terrorist financing

07 May 2020 (UPDATED: 13 Mar 2026) International 1 min read

The EC has launched an action plan on AML, built on the effective application of EU rules (the EC encourages EBA to make full use of its new powers in this area); a single EU rulebook; a proposal to set up an EU-level supervisor; a proposal to establish an EU support mechanism for financial intelligence units; enforcing EU-level criminal law provisions and information exchange and stepping up its efforts globally, noting that the EU will need to adjust its approach to third countries with deficiencies in their regime. The EC has invited feedback, to be received by 29 July 2020.



Last updated · 13 Mar 2026
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