Spain: The Business Creation and Growth Law introduces changes into the anti-money laundering and counter-terrorism financing law
Business Creation and Growth Law 18/2022, of September 28, 2022 published in the Official State Gazette on September 29, 2022, reforms Anti-Money Laundering and Counter-Terrorism Financing Law 10/2010 in its financial provision two.The new European authority for the fight against money laundering will be operational in 2023
Within the fight against money laundering and terrorist financing, on July 20, 2021 the European Commission presented a package of measures to strengthen the EU AML/CTF rules. The proposals form part of the commitments undertaken in its Action Plan for a comprehensive Union policy on preventing these types of crimes, approved on May 7, 2020.