The European Commission has published a roadmap dated 25 October 2016, on its proposal for a Directive on the criminalisation of money laundering. The aim of the proposal is to introduce minimum rules regarding the definition of the criminal money laundering offences and to approximate sanctions. The initiative will complement other recent initiatives such as the proposed Directive on combating terrorism and the amendments to the Fourth Anti-Money Laundering Directive adopted on 5 July 2016. In addition, this initiative will consider international standards such as the Financial Action Task Force and treaties such as the Warsaw Convention of 2005.

View European Commission roadmap on proposal for Directive on criminalisation of money laundering, 25 October 2016