As part of the new EU AML package, the EU AML Directive (AMLD6), has introduced significant reforms to the existing regulatory framework. While many of the new provisions had been anticipated, a behind-the-scenes battle over the past two years—between privacy and transparency—continues to take centre stage.
As we approach the end of the year, we wanted to come back to one of the very important latest pieces of EU legislation promoting data sharing – namely the EU Data Act.
The Data Act is part of the EU’s broader Data Strategy and builds on previous legislative efforts like the GDPR and the Data Governance Act.