On 20 July 2021, European Commission published the Proposal for a Directive of the European Parliament and of the Council on the mechanisms to be put in place by the Member States for the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and repealing Directive (EU) 2015/849 (AMLD6) (COM(2021) 423 final / 2021/0250 (COD)) to repeal the Directive 2015/849/EU (MLD4).
The condensed text below shows the proposed amendments from the COM(2021) 423 final / 2021/0250 (COD) for affected provisions only.
Recitals
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 114 thereof,
Having regard to the proposal from the European Commission,
After transmission of the draft legislative act to the national parliaments,
Having regard to the opinion of the European Central Bank [OJ C 166, 12.6.2013, p.