The EU and Counterterrorism Financing: Right Diagnosis, Wrong Patient?

Published by Project CRAAFT

EU and CTF

On 20 July 2021, the European Commission presented what it calls an ‘ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and counterterrorism financing (AML/CTF) rules’. In this briefing paper, Mara Wesseling examines the four legislative proposals with a focus on CTF, and asks if these proposals will enhance the EU’s effectiveness in this area.