IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/338623.html

Targeted Financial Sanctions and the Evolving European Union AML/CFT Framework: What’s Changing and Why It Matters

Author

Listed:
  • Pavlidis, Georgios

Abstract

This paper aims to examine two recent legislative initiatives of the European Union (EU)-the 6th AML Directive and the new AML Regulation, focusing particularly on the provisions that reform targeted financial sanctions as part of the EU's anti-money laundering and countering the financing of terrorism (AML/CFT) framework. The paper explores why the reform was considered necessary, highlights the key objectives and rules governing targeted financial sanctions in the context AML/CFT, and discusses the challenges, as well as the opportunities that arise. The article argues that the integration of TFS into AMLD6 and AMLR represents more than a technical adjustment. It transforms sanctions from primarily foreign-policy tools into core preventive obligations embedded in the compliance frameworks of public authorities and private actors. This reorientation, however, raises challenges of consistency, resource allocation, and rights protection that will ultimately determine the effectiveness of the EU's new sanctions architecture.

Suggested Citation

  • Pavlidis, Georgios, 2025. "Targeted Financial Sanctions and the Evolving European Union AML/CFT Framework: What’s Changing and Why It Matters," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(2), pages 193-210.
    • Handle: RePEc:zbw:espost:338623
    DOI: 10.46282/blr.2025.9.2.1055
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/338623/1/Article53.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.46282/blr.2025.9.2.1055?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:espost:338623. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.