Regulation No 2024/2465 has been published in the Official Journal of the EU, which publishes Union regulations. This document includes a list of state bodies responsible for all sanctions-related issues in individual EU Member States. The relevant structures are vested with powers to manage, consult and issue the necessary permits.
On June 26, 2024, the regulation establishing the EU Anti-Money Laundering Authority (AMLA) officially came into force. Reuters reports this.
AMLA's two main objectives will be EU-wide anti-money laundering supervision and support to national financial intelligence units in European countries.
A trade and cooperation agreement between the European Union and the United Kingdom, which was created as a result of difficult negotiations and a short time frame, has entered into force.
The EU has proposed limiting foreign investment in European businesses to prevent the buy-up of companies that have fallen in price during the pandemic.
The Ministry of Finance of the Netherlands has published a draft law on the registration of beneficial owners of trusts and similar legal arrangements. The requirement to register beneficial owners of trusts and similar organizations is defined by the EU Anti-Money Laundering Directive (AMLD5).
On the 24th of December a festive season begins. And it will be last until the beginning of January 2020. It is worth emphasizing that the post also has certain difficulties in shipping. In fact, many government agencies stop working on the 20th December. Before you have taken any steps, be sure that the relevant office is still open.
