The Commission has published details of a meeting that Commission Services held with private stakeholders on its anti-money laundering and counter-terrorist financing policy. It specifically wanted feedback on implementation of the Money Laundering Directives (as a revision of the third Directive is imminent) and the Regulation on Payer Information. There was strong support for a risk-based approach and a desire to engage the public sector so it could help in compliance. The main criticisms of current requirements related to the difficulties in assessing beneficial ownership. (Source: Meeting with EU private stakeholders on Anti-Money Laundering and Counter Terrorist Financing Policy on 1 February 2011)