The first iteration of the aforementioned EU directive was published in 2005 [1]. Before that, individual countries had tightened their individual rules. The W

The first iteration of the aforementioned EU directive was published in 2005 [1]. Before that, individual countries had tightened their individual rules. The Wikipedia page on money laundering [2] details the consequences of 9/11 on regulation quite well. The keyword there is the "Financial Action Task Force", whose recommendations the EU directive aimed to implement. [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32005L0060 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32... [2] https://en.wikipedia.org/wiki/Money_laundering#History https://en.wikipedia.org/wiki/Money_laundering#History