The EU Anti-Money Laundering Directive and Regulation A Commentary

Name: The EU Anti-Money Laundering Directive and Regulation A Commentary
Brand: Edward Elgar Publishing
SKU: 9781035347094
Price: 3909.10 HKD
Availability: PreOrder
Author: Georgios Pavlidis
ISBN: 9781035347094

By Georgios Pavlidis

Coming Soon Edward Elgar Publishing Available August 2026

Specifications

ISBN-13: 9781035347094
Publisher: Edward Elgar Publishing
Publication: August 2026
Format: Hardback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

This Commentary presents a structured and accessible explanation of the European Union’s framework for preventing money laundering and terrorist financing. It provides detailed commentary on the Sixth Anti-Money Laundering Directive (AMLD6) and the Anti-Money Laundering Regulation (AMLR), explaining how these rules strengthen cooperation between authorities, improve transparency and hold both individuals and companies accountable.

Key Features:

Includes forward-looking reflections on the coherence, effectiveness and future direction of the EU’s AML/Countering the Financing of Terrorism framework
Outlines the interactions between AML law and other EU instruments, including data protection, financial supervision and criminal law
Analyses the impact of this framework on financial integrity and the rule of law, as well as how they protect the public from the misuse of the financial system

Presenting an in-depth, article-by-article analysis of the AMLD6 and AMLR, this Commentary is an essential read for regulators, policymakers, compliance officers and legal practitioners. It is also highly relevant to legal scholars and academics interested in understanding the legislative intent, legal obligations and institutional design of the AML framework.

Introduction to the EU Anti-Money Laundering Directive and Regulation; PART I COMMENTARY ON THE 6TH ANTI-MONEY LAUNDERING DIRECTIVE; 1.
Article 1: Subject matter: 2.
Article 2: Definitions: 3.
Article 3: Identification of exposed sectors at national level: 4.
Article 4: Requirements relating to certain service providers: 5.
Article 5: Requirements relating to the granting of residence rights in exchange for investment: 6.
Article 6: Checks on the senior management and beneficial owners of certain obliged entities: 7.
Article 7: Risk assessment at Union level: 8.
Article 8: National risk assessment: 9.
Article 9: Statistics: 10.
Article 10: Central beneficial ownership registers: 11.
Article 11: General rules regarding access to beneficial ownership registers by competent authorities, self-regulatory bodies, and obliged entities: 12.
Article 12: Specific access rules to beneficial ownership registers for persons with legitimate interest: 13.
Article 13: Procedure for the verification and mutual recognition of a legitimate interest to access beneficial ownership information: 14.
Article 14: Templates and procedures: 15.
Article 15: Exceptions to the access rules to beneficial ownership registers: 16.
Article 16: Bank account registers and electronic data retrieval systems: 17.
Article 17: Implementing acts for the interconnection of registers: 18.
Article 18: Single access point to real estate information: 19.
Article 19: Establishment of the FIU: 20.
Article 20: Fundamental rights officer: 21.
Article 21: Access to information: 22.
Article 22: Responses to requests for information: 23.
Article 23: Provision of information to supervisors: 24.
Article 24: Suspension or withholding of consent: 25.
Article 25: Instructions to monitor transactions or activities: 26.
Article 26: Alerts to obliged entities: 27.
Article 27: FIU annual report: 28.
Article 28: Feedback by FIU: 29.
Article 29: Cooperation between FIUs: 30.
Article 30: Protected channels of communication: 31.
Article 31: Exchange of information between FIUs: 32.
Article 32: Joint analyses: 33.
Article 33: Use by FIUs of information exchanged between them: 34.
Article 34: Consent to further dissemination of information exchanged between FIUs: 35.
Article 35: Effect of criminal law provisions: 36.
Article 36: Confidentiality of reporting: 37.
Article 37: powers and resources of national supervisors: 38.
Article 38: Supervision of forms of infrastructure of certain intermediaries operating under the free-: dom to provide services; 39.
Article 39: Provision of information to obliged entities: 40.
Article 40: Risk-based supervision: 41.
Article 41: Central contact points: 42.
Article 42: Disclosure to FIUs: 43.
Article 43: Provision of information to FIUs: 44.
Article 44: General principles regarding supervisory cooperation: 45.
Article 45: Provision of information on cross-border activities: 46.
Article 46: Provisions related to cooperation in the context of group supervision: 47.
Article 47: Supervisory cooperation regarding obliged entities carrying out cross-border activities: 48.
Article 48: Exchange of information in relation to implementation of group policies in third countries 266: 49.
Article 49: AML/CFT supervisory colleges in the financial sector: 50.
Article 50: AML/CFT supervisory colleges in the non-financial sector: 51.
Article 51: Cooperation with supervisors in third countries: 52.
Article 52: Oversight of self-regulatory bodies: 53.
Article 53: General provisions: 54.
Article 54: Supervisory measures towards establishments of obliged entities and certain activities: carried out under the freedom to provide services; 55.
Article 55: Pecuniary sanctions: 56.
Article 56: Administrative measures: 57.
Article 57: Periodic penalty payments: 58.
Article 58: Publication of pecuniary sanctions, administrative measures, and periodic penalty payments: 59.
Article 59: Exchange of information on pecuniary sanctions and administrative measures: 60.
Article 60: Reporting of breaches and protection of reporting persons: 61.
Article 61: General provisions: 62.
Article 62: Communication of the list of the competent authorities: 63.
Article 63: Cooperation with AMLA: 64.
Article 64: Cooperation in relation to credit institutions or financial institutions: 65.
Article 65: Cooperation in relation to auditors: 66.
Article 66: Cooperation with authorities in charge of implementing targeted financial sanctions: 67.
Article 67: professional secrecy requirements: 68.
Article 68: Exchange of information among supervisors and with other authorities: 69.
Article 69: AML/CFT cooperation guidelines: 70.
Article 70: Processing of certain categories of personal data: 71.
Article 71: Exercise of the delegation: 72.
Article 72: Committee procedure: 73.
Article 73: Transitional management of FIU.n et: 74.
Article 74: Amendments to Directive (EU) 2015/849: 75.
Article 75: Amendment to Directive (EU) No 2019/1937: 76.
Article 76: Review: 77.
Article 77: Repeal: 78.
Article 78: Transposition: 79.
Article 79: Entry into force: 80.
Article 80: Addressees: PART II COMMENTARY ON THE ANTI-MONEY LAUNDERING REGULATION; 81.
Article 1: Subject matter: 82.
Article 2: Definitions: 83.
Article 3: Obliged entities: 84.
Article 4: Exemptions for certain providers of gambling services: 85.
Article 5: Exemptions for certain professional football clubs: 86.
Article 6: Exemptions for certain financial activities: 87.
Article 7: Prior notification of exemptions: 88.
Article 8: Notification of cross-border operations and application of national law: 89.
Article 9: Scope of internal policies, procedures and controls: 90.
Article 10: Business-wide risk assessment: 91.
Article 11: Compliance functions: 92.
Article 12: Awareness of requirements: 93.
Article 13: Integrity of employees: 94.
Article 14: Reporting of breaches and protection of reporting persons: 95.
Article 15: Situation of specific employees: 96.
Article 16: Group-wide requirements: 97.
Article 17: Branches and subsidiaries in third countries: 98.
Article 18: Outsourcing: 99.
Article 19: Application of customer due diligence measures: 100.
Article 20: Customer due diligence measures: 101.
Article 21: Inability to comply with the requirement to apply customer due diligence measures: 102.
Article 22: Identification and verification of the identity of customers and beneficial owners: 103.
Article 23: Timing of the verification of the customer and beneficial owner identity: 104.
Article 24: Reporting of discrepancies with information contained in beneficial ownership registers: 105.
Article 25: Identification of the purpose and intended nature of a business relationship or occasional transaction: 106.
Article 26: Ongoing monitoring of the business relationship and monitoring of transactions performed by customers: 107.
Article 27: Temporary measures for customers subject to UN financial sanctions: 108.
Article 28: Regulatory technical standards on the information necessary for the performance of: customer due diligence; 109.
Article 29: Identification of third countries with significant strategic deficiencies in their national: AML/CFT regimes; 110.
Article 30: Identification of third countries with compliance weaknesses in their national AML/CFT: regimes; 111.
Article 31: Identification of third countries posing a specific and serious threat to the Union’s financial system: 112.
Article 32: Guidelines on money laundering and terrorist financing risks, trends, and methods 596: 113.
Article 33: Simplified due diligence measures: 114.
Article 34: Scope of application of enhanced due diligence measures: 115.
Article 35: Countermeasures to mitigate money laundering and terrorist financing threats from: outside the Union; 116.
Article 36: Specific enhanced due diligence measures for cross-border correspondent relationships: 117.
Article 37: Specific enhanced due diligence measures for cross-border correspondent relationships: for crypto-asset service providers; 118.
Article 38: Specific measures for individual third-country respondent institutions: 119.
Article 39: Prohibition of correspondent relationships with shell institutions: 120.
Article 40: Measures to mitigate risks in relation to transactions with a self-hosted address: 121.
Article 41: Specific provisions regarding applicants for residence by investment schemes: 122.
Article 42: Specific provisions regarding politically exposed persons: 123.
Article 43: List of prominent public functions: 124.
Article 44: Politically exposed persons who are beneficiaries of insurance policies: 125.
Article 45: Measures for persons who cease to be politically exposed persons: 126.
Article 46: Family members and persons known to be close associates of politically exposed persons: 127.
Article 47: Specifications for the life and other investment-related insurance sector: 128.
Article 48: General provisions relating to reliance on other obliged entities: 129.
Article 49: Process of reliance on another obliged entity: 130.
Article 50: Guidelines on reliance on other obliged entities: 131.
Article 51: Identification of beneficial owners for legal entities: 132.
Article 52: Beneficial ownership through ownership interest: 133.
Article 53: Beneficial ownership through control: 134.
Article 54: Coexistence of ownership interest and control in the ownership structure: 135.
Article 55: Ownership structures involving legal arrangements or similar legal entities: 136.
Article 56: Notifications: 137.
Article 57: Identification of beneficial owners for legal entities similar to express trusts: 138.
Article 58: Identification of beneficial owners for express trusts and similar legal arrangements: 139.
Article 59: Identification of a class of beneficiaries: 140.
Article 60: Identification of objects of a power and default takers in discretionary trusts: 141.
Article 61: Identification of beneficial owners of collective investment undertakings: 142.
Article 62: Beneficial ownership information: 143.
Article 63: Obligations of legal entities: 144.
Article 64: Trustee obligations: 145.
Article 65: Exceptions to obligations of legal entities and legal arrangements: 146.
Article 66: Nominee obligations: 147.
Article 67: Foreign legal entities and foreign legal arrangements: 148.
Article 68: Penalties: 149.
Article 69: Reporting of suspicions: 150.
Article 70: Specific provisions for reporting of suspicions by certain categories of obliged entities: 151.
Article 71: Refraining from carrying out transactions: 152.
Article 72: Disclosure to FIU: 153.
Article 73: Prohibition of disclosure: 154.
Article 74: Threshold-based reports of transactions in certain high-value goods: 155.
Article 75: Exchange of information in the framework of partnerships for information sharing: 156.
Article 76: Processing of personal data: 157.
Article 77: Record retention: 158.
Article 78: Provision of records to competent authorities: 159.
Article 79: Anonymous accounts and bearer shares and bearer share warrants: 160.
Article 80: Limits to large cash payments in exchange for goods or services: 161.
Article 81: Cooperation between FIUs and the EPPO: 162.
Article 82: Requests for information to the EPPO: 163.
Article 83: Cooperation between FIUs and OLAF: 164.
Article 84: Requests for information to OLAF: 165.
Article 85: Exercise of the delegation: 166.
Article 86: Committee procedure: 167.
Article 87: Review: 168.
Article 88: Reports: 169.
Article 89: Relation to Directive (EU) 2015/849: 170.
Article 90: Entry into force and application