Presidency publishes final MLD4 compromise: The Presidency of the Council has published the finally agreed compromise text for the fourth Money Laundering Directive (MLD4) and on the Regulation on information accompanying funds transfers. Nearly two years after the Commission first tabled the draft legislation, the Presidency is now inviting agreement on the final compromise agreements. Alongside the texts, it had published Austria's statement that it remains concerned the final texts do not enhance transparency on beneficial ownership information necessary to avoid the abuse of trusts for money laundering and terrorist financing. (Source: Presidency Publishes Final MLD4 Compromise)