|
answer text |
<p>Anti-money laundering regimes of EU Member States will be updated by the Fourth
EU Money Laundering Directive. This Directive is yet to be finalised, but expert level
discussions are ongoing and have reached the final stage of the negotiating process.
The Government is engaged with other EU Member States, MEPs, the European Commission,
business and civil society groups to secure an effective and proportionate outcome.
The Directive duly reflects the global standards on anti-money laundering and counter-terrorism
financing revised by the Financial Action Task Force in 2012. The UK is fully supportive
of these standards.</p><p> </p>
|
|