The 6th EU Money laundering directive (6AMLD) came into effect on 3rd of December 2020. Member states must transpose this newest AML directive into national law. Financial institutions have until June 21st 2021 to enforce changes that are aimed at empowering FIs and authorities to do more in the fight against financial crime. The 6th AML directive expands the scope of existing legislation by plugging gaps in regulation and increasing accountability for crimes such as money laundering. What are the most important oncoming changes?