• Ex-post evaluations/fitness checks of existing legislation
A full ex-post evaluation of the current EU AML/CFT regime, and of the exercise by the European Banking Authority of the AML/CFT competences which it assumed at the beginning of 2020 [Granted to EBA by Regulation EU 2019/2175 (ESA review regulation).], has not yet taken place, against the background of a number of recent legislative developments. The fourth AML Directive was adopted on 20 May 2015, with a transposition deadline for Member States of 26 June 2017. The fifth AML Directive [Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.] was adopted on 30 May 2018, with a transposition deadline of 10 January 2020. Transposition control is still ongoing. However, the Commission Communication of July 2019 and accompanying reports referred to above
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