Menu7/29/16: In July, the European Commission adopted a proposal to reinforce EU rules against money laundering and terrorist financing. The proposal amends the Fourth Anti-Money Laundering Directive to “… better counter the financing of terrorism and to ensure increased transparency offinancial transactions and legal entities. Anyone who has plowed through an EU Directive (or the US Federal Register, for that matter) should appreciate this succinct list of questions and answers from the EC about the Directive.
