AMLD7: What the New EU AML Directive Means for Compliance Teams
European money laundering legislation is constantly evolving. A new directive is issued every couple of years to address gaps from the previous one. The 7th AML Directive is the latest and most extensive change, often referred to as the AMLD7. It introduces a common rulebook, an EU body, and tougher inspections in each EU member country. This blog details the