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ARTICLE · 15 AUGUST 2025

AML/CFT | The EU Comprehensive Package: Essential Takeaways

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On 19 June 2024, the European Parliament and Council published the new anti-money laundering and countering the financing of terrorism. ("AML/CFT") package – an extensive reformative legislative package – that consists of three main legal texts...

LuxembourgGovernment, Public Sector
Bonn Steichen & Partners
Bonn Steichen & Partners

On 19 June 2024, the European Parliament and Councilpublishedthe new anti-money laundering and countering the financing of terrorism("AML/CFT") package – an extensivereformativelegislative package – thatconsists ofthree main legal texts:

  • Regulation (EU) 2024/1624of 31 May 2024 aimed at preventing money laundering and terrorist financing ("ML/TF"), commonly known as the EU AML Single Rulebook("AMLR"). This regulation will come into effect on 10 July2027, except for specific new obliged entities, for whom it will apply from 10 July 2029.
  • Directive (EU) 2024/1640 of31 May 2024 concerning mechanisms to prevent financial system abuse forML/TF ("AMLD6"). This directive will be applicable as of 10 July 2027.

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