Money Laundering Bulletin
Fourth EU Directive – evolution not revolution, and onto the Fifth…
Lisa Kate Osofsky (+44 (0) 207 489 5509, losofsky@exiger.com) is EMEA Chairman of Exiger.
Every four years brings an Olympic Games and it seems, on average, every six years brings a new European Union Money Laundering Directive (MLD), writes Lisa Osofsky of Exiger, but while the fourth rendering speaks to consolidation, albeit with some notable innovations, further legislation, perhaps a Fifth MLD, is imminent.