The Council of the EU (the Council) has published an “A” item note from its General Secretariat, inviting the Council to endorse the final compromise texts of the Fourth Anti-Money Laundering Directive and Regulation to amend and replace the Regulation on information on the payer accompanying transfer of funds.

The Council is also invited to approve in principle the submission of these final compromise texts as “I/A” items at a later date, firstly for political agreement and subsequently for their adoption as the Council’s first-reading positions.

View Proposal for a Regulation of the European Parliament and of the Council on information accompanying transfers of funds and Proposal for a Directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing – Approval of the final compromise text, 26 January 2015