Money Laundering: EU Law
(asked on 17th July 2018) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what progress they have made in implementing the 5th EU Anti-Money Laundering Directive; and when it will come into force.
This question was answered on 31st July 2018
The Fifth Anti-Money Laundering Directive (5AMLD) entered into force in July of this year, with a transposition deadline of January 2020. This falls during the Implementation Period, and so the UK will transpose this Directive.
The Government will consult on the transposition of 5AMLD in due course.