ARTICLE · 11 JULY 2024

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Regulatory Insights - July 2024

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The following legislation has been published in the Official Journal of the European Union on 19 June 2024...

CyprusGovernment, Public Sector

Eleni Neocleous

Marie-Hélène Angelides

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Anti-Money Laundering

AML Regulation, MLD6 and AMLA Regulation published in Official Journal

The following legislation has been published in the Official Journal of the European Union on 19 June 2024:

the Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing ( (EU) 2024/1624) (AML Regulation);
the Regulation establishing the Anti-Money Laundering Authority (AMLA) ( (EU) 2024/1620) (AMLA Regulation); and
the Sixth Money Laundering Directive ( (EU) 2024/1640) (MLD6).

The legislative package will come into force on 9 July 2024.

For more information on the above please refer to our regulatory insights of April 2024.

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