Anti-money laundering: Council of the EU agrees its negotiating mandate on transparency of crypto-asset transfers

On 1 December 2021, the Council of the European Union agreed on a mandate to negotiate with the European Parliament on the proposed Regulation on information accompanying transfers of funds and certain crypto-assets. This proposal is part of a package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing rules, presented by the Commission on 20 July 2021.

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