On 17 December 2014, the Presidency of the Council of the EU issued a press release announcing that it has reached political agreement with the European Parliament on the proposed Fourth Money Laundering Directive and the revised Wire Transfer Regulation. The European Parliament also issued a press release announcing that Parliament and Council negotiators had agreed on central registers (for beneficial owners of companies). "The fourth anti-money laundering directive (AMLD) will for the first time oblige EU member states to maintain central registers listing information on the ultimate beneficial owners of corporate and other legal entities, as well as trusts. These central registers were not envisaged in the European Commission’s initial proposal, but were included by MEPs during the negotiations. The aim is to enhance transparency, make dodgy deals harder to hide and fight money laundering and tax crime. The central registers would be accessible to the competent authorities and their financial intelligence units (without any restriction), to "obliged entities" (such as banks conducting their "customer due diligence" duties), and also to the public, whose access may be subject to online registration of the person and to the payment of a fee to cover administrative costs."
Regrettably, a current version of the draft fourth Anti Money Laundering Directive and Wire Transfer Regulation is not available.
On 3 December 2014, the Council of the EU had published a note to COREPER on preparation for the next informal trialogue on the proposed Fourth Money Laundering Directive and the proposed revised Wire Transfer Regulation.
The Fourth Anti Money Laundering Directive and Wire Transfer Regulation need to be endorsed by COREPER and ECON and on Civil Liberties, Justice and Home Affairs (LIBE), before being put to a vote by the Parliament in plenary in 2015.