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ECON and LIBE adopt position on draft Regulation on information accompanying transfers of funds and certain cryptoassets

By Nabeelah Begum on April 4, 2022
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On 31 March 2022, the European Parliament announced that the Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties (LIBE) had adopted their position on the proposed Regulation on information accompanying transfers of funds and certain cryptoassets. The draft Regulation is part of the European Commission’s new anti-money laundering package and the adopted text represents the draft mandate for MEPs to negotiate the final shape of the draft legislation with the Council. The whole of the European Parliament should vote on the draft legislation during the plenary session in April.

Photo of Nabeelah Begum Nabeelah Begum
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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Global Regulation Tomorrow
  • Organization:
    Norton Rose Fulbright
  • Article: View Original Source

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