The conduct as referred to in Article 3, paragraphs 1 and 5, of Directive (EU) 2018/1673

Article 3 of Directive (EU) 2018/1673:

1. Member States shall take the necessary measures to ensure that the following conduct, when committed intentionally, is punishable as a criminal offence:
- (a) the conversion or transfer of property, knowing that such property is derived from criminal activity, for the purpose of concealing or disguising the illicit origin of the property or of assisting any person who is involved in the commission of such an activity to evade the legal consequences of that person's action;
- (b) the concealment or disguise of the true nature, source, location, disposition, movement, rights with respect to, or ownership of, property, knowing that such property is derived from criminal activity;
- (c) the acquisition, possession or use of property, knowing at the time of receipt, that such property was derived from criminal activity.
5. Member States shall take the necessary measures to ensure that the conduct referred to in points (a) and (b) of paragraph 1 is punishable as a criminal offence when committed by persons who committed, or were involved in, the criminal activity from which the property was derived.

Defined in / by

AMLR (32024R1624)

Last updated: 22 August 2026.

Regulations

Anti-Money Laundering Regulation (AMLR)

The AMLR is Regulation (EU) 2024/1624. It applies from 10 July 2027 and is directly applicable, so from that date customer due diligence, beneficial ownership, reporting and internal controls come from EU law rather than national statute. Cash payments for goods and services are capped at €10,000. Football clubs and agents follow on 10 July 2029.

Next10 Jul 2027

AMLR applies (Art. 90) and the AMLD6 transposition deadline. References to Directive (EU) 2015/849 are construed as references to the AMLR and AMLD6, per the correlation table in Annex VI (Art. 89); the repeal itself sits in AMLD6

Checked 17 Aug 2026