On 27 January 2015, the Presidency of the Council of the EU published a press release announcing that, at a meeting of the Economic and Financial Affairs Council (ECOFIN) held on 27 January 2015, the Council endorsed the agreement reached with the European Parliament on the proposed Fourth Money Laundering Directive. The Parliament is expected to vote on the proposed Fourth Money Laundering Directive and the revised Wire Transfer Regulation during a plenary session in March or April 2015. The press release also states that, following the recent terrorist attacks in Paris, the Council and the European Commission have agreed on a joint statement highlighting the need to take decisive actions against terrorist financing. To enhance the efficiency of the Fourth Anti Money Laundering Directive and the revised Wire Transfer Regulation, the statement calls for further efforts to be made towards accelerating national implementation of the new rules, strengthening co-operation on terrorist financing between EU member states' financial intelligence units (FIUs) and addressing terrorist financing risks by way of the EU's supranational risk assessment. The text of the joint statement is set out in a Council "I" item  note (dated 27 January 2014). The Council and the Commission will be examining further actions on countering terrorist financing and a first discussion is expected to take place at the informal meeting of the European Council on 12 February 2015. 

Also on 27 January 2015, the European Parliament's Economic and Monetary Affairs Committee (ECON) and its Committee on Civil Liberties, Justice and Home Affairs (LIBE) published a press release announcing that they voted in favour of the proposed Fourth Money Laundering Directive and the proposed revised Wire Transfer Regulation.

On 26 January 2015, the Council of the EU published an "A" item note (dated 23 January 2015) from the Council's General Secretariat to the CouncilThe Council also published an "I" item note from its Presidency to COREPER (dated 23 January 2015). This contains a revised Addendum 3 to document 5116/15, which sets out declarations by certain EU member states.

On 13 January 2015, the Council of the EU published:

  • An "I" item note (dated 12 January 2015) relating to the proposed Fourth Anti Money Laundering Directive and the proposed revised Wire Transfer Regulation.
  • Addendum 1 to the "I" item note, which sets out the final compromise text for the revised Wire Transfer Regulation.
  • Addendum 2 to the "I" item note, which sets out the final compromise text for the proposed Fourth Anti Money Laundering Directive.
  • Addendum 3 to the "I" item note, which sets out a declaration by Austria.

The proposed Fourth Money Laundering Directive will oblige EU member states to keep central registers of information on the ultimate beneficial owners of corporate entities and trusts. The central registers will be accessible to regulatory authorities and their financial intelligence units, obliged entities (such as banks conducting customer due diligence) and the general public. To access a register, a person will have to demonstrate a legitimate interest in suspected money laundering or terrorist financing. Provisions have been inserted into the Fourth Anti Money Laundering Directive text to protect personal data.