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Reasoned Opinion Sent to Portugal on Transposition of the 5th Anti-Money Laundering Directive

24 May 2022

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Approved Changes

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Portugal-European Union

The European Commission has published the key decisions of its May 2022 infringements package. This includes a reasoned opinion sent to Portugal regarding its transposition of the 5th Anti-Money Laundering Directive. --- Anti-Money Laundering: Commission urges PORTUGAL to complete the transposition of the 5thAnti-Money Laundering Directive The Commission has today sent a reasoned opinion to Portugal (INFR(2020)2016) for failing to fully transpose the 5th Anti-Money Laundering Directive (5th AMLD). Even though Portugal has declared complete transposition of the Directive, the Commission considers that several provisions of the Directive have in fact not been transposed. These relate to the obligations of...