New Supervisory and Enforcement Regime on the Horizon: Practical Guidance for Financial Institutions

The European Union’s money laundering and terrorist financing framework has recently been subject to major developments, including the entry into force of the 5th Anti-Money Laundering Directive, the publication of the 6th Anti-Money Laundering Directive and the establishment of a new comprehensive whistle-blower protection framework. Nonetheless, the European Commission ("the…