Money Laundering Bulletin
EU Council aims for 12-month Fourth ML Directive transposition
EU member states will have 12 months to implement the Fifth EU Money Laundering Directive (5MLD), and so, logically, the Fourth Directive [2015/849] (4MLD), which it amends, if the latest compromise text from the Council of Ministers (dated 13 December 2016 [1]) is approved.