#EUPrivacyCoinBan The European Union's anti-money laundering (AML) regulation is a robust framework designed to combat illicit financial flows. Rooted in a series of AML Directives, most recently strengthened by a new AML Regulation and the sixth AML Directive (AMLD6), it imposes strict obligations on a wide range of entities, including financial institutions, to prevent money laundering and terrorist financing. Key pillars include rigorous customer due diligence, beneficial ownership transparency requirements, and suspicious transaction reporting. The recent legislative package also establishes a new Anti-Money Laundering Authority (AMLA) to enhance supervision and coordination across member states, aiming for a more harmonized and effective EU-wide approach.