By Frédéric Boulier,
Global Head of Financial Crime and Compliance Management Solution
Consulting, Oracle Financial Services
5AMLD, A New Directive for Europe
The
Fifth European Union (EU) Anti-Money Laundering (AML)
Directive—commonly known as 5AMLD— is officially in force as of
January 2020. It hasn’t been smooth sailing, however, for all
member states. As of today, six EU countries—Cyprus, the
Netherlands, Portugal, Romania, Slovenia, and Spain—have
not yet transposed the...