This book introduces and contextualizes the revised and strengthened legislation on the
laundering of criminal funds mandated by the European Union on the 20th May 2015. The authors
provide fresh and new insight into the EU¿s fourth directive 2015 849 with a specific focus on
topics such as: beneficial ownership and effective transparency the risk-based approach the
issue of supervision of payment institutions that operate across borders by agents the new
method of risk assessment tax crimes inclusion in ¿criminal activity¿ definition and the
effects of new rules on the gambling sector. The authors present the new laws in the context of
their legal genealogy and demonstrate the benefits they bring in raising the standards for
anti-money laundering regulation and counter-terrorism financing. The book¿s comprehensive
exploration of this new legislation will appeal to policy-makers students and academics hoping
to understand the changes more clearly.
