In the complex regulatory system concerning anti-money laundering, which is still evolving with the proposal of the Fourth Directive, banks are required to play an active role to protect the legal economy. Thanks to rigorous procedures ensuring a better knowledge of the customer and assessing...

The proposal for a Fourth Anti-money laundering directive contains overly detailed measures which are justified by the complexity of the matter. However they could be excessively binding when implemented by national legislations, introducing further burdens on intermediaries

The proposal for a Fourth Anti-money laundering directive contains overly detailed measures which are justified by the complexity of the matter. However they could be excessively binding when implemented by national legislations, introducing further burdens on intermediaries