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 [...], [...], p. [...].],
Having regard to the opinion of the European Economic and Social Committee [OJ C , , p. .], Acting in accordance with the ordinary legislative procedure,
Whereas:
(1) Directive (EU) 2015/849 of the European Parliament and of the Council constitutes the main legal instrument for the prevention of the use of the Union financial system for the purposes of money laundering and terrorist financing. That Directive sets out a comprehensive legal framework, which Directive (EU) 2018/843 of the European Parliament and the Council further strengthened by addressing emerging risks and increasing transpare
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