Date		Agenda	Summary Record
17.12.2009
05.10.2009
16.06.2009
29.04.2009
12.01.2006
08.02.2006
08.03.2006
29.03.2006
10.05.2006
14.06.2006
04.10.2006
06.12.2006
13.02.2007
19.04.2007
18.06.2007
02.10.2007
11.12.2007
19.02.2008
17.04.2008
11.06.2008
07.10.2008

Money laundering and terrorist financing: The Directives

• External study on the application of the AML Directive. The Commission has commissioned a study on the application of the AML Directive after conducting an open tendering procedure. The results of the study should normally be available by the end of 2010.
  • Contract notice and contract award notice (call for tender MARKT/2009/6/F)
  • Objectives of the study
     
• The application of anti-money laundering obligations
  • Compliance by cross border banking groups at group level (June 2009) 
  • The legal profession (December 2006)
  • The identification of clients in non-face to face transactions (December 2006)
     
• Implementing measures to the Directive 2005/60/EC
   
  • Commission Directive 2006/70/EC of 1 August 2006 laying down implementing measures for Directive 2005/60/EC of the European Parliament and of the Council as regards the definition of politically exposed person and the technical criteria for simplified customer due diligence procedures and for exemption on grounds of a financial activity conducted on an occasional or very limited basis
    • Press release
    • Text of Directive 2006/70/EC
  • Commission releases draft implementing measures for the Directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (Directive 2005/60/EC)
    • Draft Implementing Directive
      
       
  • Summary of comments received on the Second working document
  • Comments received on the Second working document
  • Second DG Internal Market Services’ Working document (15.2.2006). Interested parties are invited to send their comments on this working document by 16 March 2006
     
  • Summary of comments received to the First working document
  • Comments received on the First working document
  • First DG Internal Market Services’ Working document (12.09.2005). Consultation closed on 21 October 2005
   
• Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing
  • Transposition of the 3rd anti-Money Laundering Directive
    • State of play
  • Adoption of anti-Money Laundering Directive
    • Press release (07.06.2005)
    • Text of Directive 2005/60/EC
  • Approval of new Directive by the European Parliament
    • Press release (26.05.2005)
  • Proposal for a Directive on prevention of the use of the financial system for the purpose of money laundering
    • Press release (30.06.2004)
    • Text of the proposal COM(2004)448
       
• Former directives (repealed)
  • Directive 2001/97/EC of the European Parliament and Council of 4 December 2001 amending Council Directive 91/308/EEC on prevention of the use of the financial system for the purpose of money laundering
  • Directive 91/308/EEC of the Council of 10 June 1991 on prevention of the use of the financial system for the purpose of money laundering

Money laundering and terrorist financing: Other legal texts

• Regulation on information on the payer accompanying transfers of funds
  • See also: Measures related to dependent or associated territories
• Regulation on controls of cash entering or leaving the Community

EU FIUs Platform

The “EU Financial Intelligence Units’ Platform” is an informal group set up in 2006 by the European Commission, which gathers Financial Intelligence Units from the Member States. Its main purpose is to facilitate cooperation among the FIUs. The European Commission participates in the Platform and provides support.

Report on Feedback on money laundering and terrorist financing cases and typologies

On 22 April 2008, the Platform adopted a report on “Feedback on money laundering and terrorist financing cases and typologies”. The report contains a brief overview of the existing regulatory framework regarding feedback and analyses different kinds of feedback, with a view to identify good practices which can be followed to improve quality and effectiveness of feedback. Specific sections of the report are dedicated to feedback to reporting entities on individual cases, trends and typologies, feedback between Law Enforcement Authorities and the FIU, FIU-to-FIU feedback and to the exchange of information between the FIU and other competent authorities.

• Report

Report on Confidentiality and data protection in the activity of FIUs

On 28 April 2008, the Platform adopted a report on “Confidentiality and data protection in the activity of FIUs”. The report explores the relationships between the activities related to the detection, disclosure and analysis of suspicious transactions reports and data protection safeguards, with a view to identify convergences and practical difficulties in the activity of FIUs. The report deals, in particular, with the processing of information by the FIUs, the exchange of data among FIUs, the sharing of information within the group or network to which the reporting institution or person belongs.

•  Report