ARTICLE · 04 JULY 2025

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Horizon Scanner Finance: July 2025 - European Developments

Arthur Cox

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The majority of Regulation (EU) 2024/1620 (the AMLA Regulation) applies from 1 July 2025. The Regulation establishes the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (the AMLA Authority) and sets out the scope of its role.

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AMLA Regulation

The majority of Regulation (EU) 2024/1620 (the AMLA Regulation) applies from 1 July 2025. The Regulation establishes the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (the AMLA Authority) and sets out the scope of its role.

Certain articles relevant to the development of related technical standards, guidelines and recommendations, and the provisions relating to the establishment of AMLA's organisational structure, have applied from 26 June 2024. Article 103 will apply from 31 December 2025.

AML / CFT Directive

Article 74 of Directive (EU) 2024/1640 (the AML / CFT Directive) is required to be transposed by 10 July 2025. It amends Directive (EU) 2015/849 (the Fourth Money Laundering Directive or MLD4) regarding access to the central registers of beneficial ownership of corporates and trusts, confirming that in each case that information must be accessible to: competent authorities and Financial

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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