On 23 and 24 July 2018, the following legislation implementing the Fourth Anti-Money Laundering Directive (EU/2015/849) (Vierde anti-witwasrichtlijn, 4MLD) were published in the Dutch Government Gazette (Staatsblad).
- the Act implementing 4MLD (Implementatiewet vierde anti-witwasrichtlijn);
- the Decree implementing 4MLD (Uitvoeringsbesluit vierde anti-witwasrichtlijn); and
- the Regulation implementing 4MLD (Implementatieregeling vierde anti-witwasrichtlijn).
These pieces of legislation will come into effect as of 25 July 2018.
The obligation for EU Member States to introduce a (publicly accessible) register containing certain information on the ultimate beneficial owners of corporate and other legal entities (commonly referred to as the UBO register) is being dealt with in a separate legislative proposal which is not expected to come into effect any time soon.
View the Act implementing 4MLD (Dutch only), 24 July 2018.
View the Decree implementing 4MLD (Dutch only), 24 July 2018.
View the Regulation implementing 4MLD (Dutch only), 23 July 2018.