PREDICATE OFFENCES AND 6AMLD

On 11 September, an article from Comsure looked at the Sixth Money Laundering Directive (6AMLD), saying that it will close certain loopholes in Member States’ domestic legislation by harmonising the definition of money laundering across the EU.  The Directive places a particular focus on ‘predicate offences’ and expands the list of money laundering predicate offences to reflect the modern threat landscape better.  6AMLD will/should be transposed into law across all Member States by 3 December – and must be implemented in those territories by 3 June 2021.  It defines and standardises 22 predicate offences for money laundering, now includes cybercrime and environmental crime, and also harmonises the definition of other predicate offences.

https://www.comsuregroup.com/news/to-know-money-laundering-you-need-to-know-your-predicate-offences-6amld/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s