The long goodbye [Video]
The United Kingdom may have formally exited the European Union on 31 January 2020 but Brussels-made law still applies in the
transition period till (at least) the end of the year. HM Treasury transposed the Fifth Money Laundering Directive by the
10 January 2020 deadline but that will be the last such occasion: the UK had already opted out of 6MLD, which seeks to harmonize
the definition of predicate offences for ML and the penalties. Does that decision mark the start of legislative divergence
and how will Brexit impact anti-money laundering policy and practice in the UK and EU going forward?
Emma Radmore , Legal Director at Womble Bond Dickinson in London, looks ahead with
Michael Kosmides .
The rest of this document is only available to i-law.com online
If you are already a subscriber, please enter your details below to log in.