On Sep. 25, EC opened infringement cases against 11 EU states.
EC called on 11 Member States to fully transpose AML6 Directive within 2 months.
Sent a letter of formal notice to Belgium, Denmark, Germany, Estonia, Greece, Italy, Cyprus, Croatia, Poland, Slovakia and Sweden for failing to fully notify national measures transposing the AML6 Directive 2024/1640.
Context and Next Steps
AML6 mainly deals with organisational/institutional issues of AML/CFT preventive framework, addressed respectively to Member States, supervisory authorities, and Financial Intelligence Units; provisions of Dir must be transposed by different dates.
In general, Member States must transpose the major part of the Directive by Jul. 10, 2025; when AML4, as amended by AML5 2015/849, will be repealed.
By the first deadline, Jul. 10, 2025, Member States had to guarantee comprehensive access to information of beneficial ownership of legal entities, trusts or similar arrangements (including access by persons with a legitimate interest).
To date, 11 Member States have not declared full transposition by first legal deadline.
Gradual implementation of AML6 is key to preventing any vulnerabilities of their financial systems and ensuring that all Member States consistently and effectively uphold their anti-money laundering standards.
In the absence of a satisfactory response, EC may decide to issue a reasoned opinion.
Effectiveness
Non-conforming Member States must notify implementing measures by Nov. 25, 2025.
