The EU’s 6th AML Directive – The Inclusion of Non-Financial Companies in the Regulation Preventing Money Laundering

Shortly after the 4th AML Directive took final effect and prior to the 5th AML Directive final compliance date (3 January 2020), the European Parliament passed Directive 2018/1673 – the 6th AML Directive.  AMLD6 has a compliance date of 3 December 2020. The Directive increased the number of predicate offense categories to twenty-two.  The newly […]

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To be a Money Launderer

As the term connotes, most people would probably think that money laundering is the process of making illicit funds appear legitimate or, more simply put, clean dirty money. In the quintessential money laundering-themed TV show, Breaking Bad, a car wash business was used to clean dirty money earned by the main character, Walter White, from his […]

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