Mechanisms to be put in place by the Member States for the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and repealing Directive (EU) 2015/849
A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.
Where it stands: Completed: published in the Official Journal on 19 June 2024 and now EU law.
- ✓ Referred to committee 4 October 2021
- ✓ Committee work Report adopted 28 March 2023
- ✓ Tabled for plenary 14 April 2023
- ✓ Negotiations with the Council Deal approved in committee 19 March 2024
- ✓ Plenary vote Adopted 24 April 2024
- ✓ Published as law 19 June 2024
How a file moves through Parliament
A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. For a law, Parliament’s adopted text is its first-reading position; Parliament and the Council then negotiate a common text (trilogues) which both must approve before it is published as law.
Who is working on it
- Lead committee
- LIBE — Civil Liberties, Justice and Home Affairs
- Rapporteurs
- Luděk NIEDERMAYER PPEMEP #125020 S&D
- Shadow rapporteurs
- MEP #124780 IDEvelyn REGNER S&DRoberts ZĪLE ECRMEP #237320 RenewKira Marie PETER-HANSEN Verts/ALEMartin SCHIRDEWAN The LeftJean-Paul GARRAUD IDKarlo RESSLER PPEPatryk JAKI ECRMEP #134605 RenewDamien CARÊME Verts/ALEMEP #197731 The Left
- For opinion
- JURI — Legal Affairs
The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.
The text, version by version
Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.
Timeline
- Outcome
- 19 June 2024 Published in the Official Journal
The act is now EU law.
- 31 May 2024 Signed by the Presidents of Parliament and the Council
The last step before the act is published in the Official Journal.
- Plenary stage
- 24 April 2024 Plenary voteAdopted Adopted by an overwhelming majorityFor 513 Against 25 Abstained 33
Final vote on the provisional agreement at 18:51 · 90% of votes cast in favour · every MEP’s position →
- 24 April 2024 Debated in plenary
MEPs debated the text in the chamber ahead of the vote.
- Negotiations with the Council
- 19 March 2024 Committee approved the deal reached with the Council
The provisional agreement from the trilogues goes to the whole Parliament for a vote.
- 19 April 2023 Plenary endorsed the mandate to negotiate with the Council
Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).
- Plenary stage
- 14 April 2023 Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
- Committee stage
- 28 March 2023 Committee vote: report adopted
LIBE (Civil Liberties, Justice and Home Affairs) voted on the amendments and adopted the report that goes to plenary.
- 18 May 2022 Draft report published
The rapporteur’s first text. Members can table amendments before the committee votes.
- 4 October 2021 Referred to the LIBE (Civil Liberties, Justice and Home Affairs) committee
The lead committee prepares the report; JURI (Legal Affairs) gives an opinion.