Agreement of the EU Member States on the 19th sanctions package against Russia
After weeks of negotiations, the EU Member States reached an agreement on the 19th sanctions package against Russia…
EU Tightens Sanctions: First Measures Against Crypto Platforms
On 19 September, EU Commission President Ursula von der Leyen presented the 19th sanctions package against Russia. The background: ongoing drone and missile attacks reportedly violating NATO airspace. Von der Leyen urged member states to swiftly approve the package.
New GwGMeldV: Changes from March 2026
On 1 September 2025, the new Regulation on the Reporting Obligation under the German Anti-Money Laundering Act (GwGMeldV) was published. It will enter into force on 1 March 2026 and introduces significant changes for obliged entities under the German Anti-Money Laundering Act (GwG).
Flood of suspicious reports: Introduction of minimum content requirements with the GwGMeldV
The number of suspicious activity reports submitted to the Financial Intelligence Unit (FIU) in accordance with Sections 43(1)…
BaFin and the Finfluencers – Part 1
Influencers who provide product recommendations via social media are engaging in a business model that has long become…
Insurance intermediaries as obliged entities under money laundering law – modern distribution models, open questions and the future rules of the AMLR
Insurance intermediaries must comply with the obligations under money laundering law if they broker life insurance policies within…
New BaFin AuA AT on the Anti-Money Laundering Act! (incl. compare version)
The comprehensively revised interpretation and application guidelines for the General Part (the “AuA AT”) of the Anti-Money Laundering…
Blank slate in anti-money laundering law for insurance holding companies
BaFin’s recently published consultation on an amendment to its Application and Interpretation Guidance (AuA) on the Money Laundering…
AuA 2.0: BaFin consultation on the application and interpretation of the Money Laundering Act
BaFin has published an updated version of its application and interpretation notes on the Money Laundering Act for…
AML package (5) – exception for tied credit intermediaries?
The EU AML package was published in the Official Journal of the European Union on 19 June 2024.…
News on the prevention of money laundering and terrorist financing by insurance companies
If insurance companies conduct transactions with an affinity for money laundering/terrorism financing (especially life insurance transactions, products with…
The EU Commission’s proposals for PSD3 – transitional provisions, Art. 44, 45 PSD3
On 28 June 2023, the EU Commission presented proposals for a Payment Services Directive 3 (“PSD3”) and a…