Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force

On 26 June 2017 the Fourth Anti-Money Laundering Directive entered into force. It strengthens the existing rules and make the fight against money laundering and terrorism financing more effective. It also improves transparency to prevent tax avoidance. This entry into force comes as discussions with the European Parliament and the Council on extra measures further reinforcing the Directive are already at an advanced stage.

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