21:02 17 July 2025
EU urges AML compliance
The European Commission has formally requested Poland, along with Belgium, Spain, and Portugal, to fully transpose recent amendments to the Fourth Anti-Money Laundering Directive and implement provisions from the updated Funds Transfer Regulation.
These changes aim to strengthen anti-money laundering measures, especially by expanding information requirements for crypto-asset transfers. The Funds Transfer Regulation builds on Regulation (EU) 2015/847 and introduces stricter rules to prevent the misuse of crypto-assets in financial crime.
Member States are also required to ensure that their legal systems include appropriate administrative sanctions for violations.
According to the Commission, the four countries failed to meet the 30 December 2024 deadline to implement these rules. As a result, they have been issued formal notices and must respond within two months.
If deficiencies remain unresolved, the Commission may escalate the matter by issuing reasoned opinions, a formal step in the EU infringement procedure.
