Procedure

Prevention of the use of the financial system for the purposes of money laundering or terrorist financing

2021/0239(COD)·9th term·ECON / LIBE·COD - Ordinary legislative procedure (ex-codecision procedure)·CompletedProcedure completed

Subjects: Electronic money and payments, cross-border credit transfers · Financial supervision · Action to combat terrorism · Capital outflow, money laundering

Rapporteurs (the Member appointed to lead Parliament's work on this text): HEINÄLUOMA Eero (S&D), CARÊME Damien (Verts/ALE)

Summary

This file on preventing the use of the financial system for money laundering or terrorist financing follows the ordinary legislative procedure, in which Parliament and the Council decide together to produce binding EU law. It was handled by the Economic and Monetary Affairs and the Civil Liberties, Justice and Home Affairs committees, under subjects including capital outflow and money laundering, financial supervision, electronic payments and action to combat terrorism. The tabled amendments reference Directive (EU) 2015/849 and the FATF standards, extend AML/CFT rules to crypto-assets, unhosted wallets, DeFi arrangements and traders in high-value goods, address obliged entities' internal controls, the EUR 10 000 cash threshold, targeted financial sanctions, and give AMLA tasks on regulatory technical standards. It shares subjects with related files including the Anti-Money Laundering Authority (AMLA).

Procedure timeline

Committee amendments tabled
22 Jun 2022 – 5 Jul 2022
Plenary vote — Adopted
24 Apr 2024 · On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 2
Plenary vote — Adopted
24 Apr 2024 · On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 329
Procedure completed

864

Amendments

distinct, in window

Members

tabled at least one

Committee(s)

22 Jun 2022 – 5 Jul 2022

Dates

Plenary votes

2 roll-call votes

In plenary, Parliament usually votes in steps: first on amendments to the text (sometimes split into parts, so Members can accept one half of a sentence and reject the other), then on the text as a whole. The “main vote” is the one that adopts or rejects the text itself. Each vote below shows exactly which step it was. How voting works →

Where each group stood at the decisive votes

Group			Shift
EPP	For100%	For99%	consistent
S&D	For100%	For100%	consistent
Renew	For92%	For100%	consistent
Greens/EFA	For94%	For94%	consistent
ECR	Against50%	Against59%	consistent
The Left	For74%	For80%	consistent
ID	For35%	Abstained55%	For → Abstained
Non-attached	For74%	For76%	consistent

Milestones are the votes that adopt or reject text (not every amendment vote) — the percentage is the share of the group’s Members behind that position. Click a column heading to open the vote below.

24 Apr 2024Main voteAdopted
On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 329
Official label: Accord provisoire - Am 329 · what was voted ↗
479 for61 against32 abstentions133 did not vote
For
Against
Abst.
Click a group to see each Member’s position.
24 Apr 2024Main voteAdopted
On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 2
Official label: Accord provisoire - Am 2 · what was voted ↗
482 for47 against38 abstentions138 did not vote
For
Against
Abst.
Click a group to see each Member’s position.