AAnti Money Laundering & Sanctions
AMLA konsultiert Leitlinien zur laufenden Überwachung von Geschäftsbeziehungen – Was auf Verpflichtete zukommt AMLA Consults on Guidelines for the Ongoing Monitoring of Business Relationships – What You Should Expect
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  • 5 minute read

AMLA Consults on Guidelines for the Ongoing Monitoring of Business Relationships – What You Should Expect

Continuous monitoring is already one of the core obligations in anti-money laundering compliance today. However, the AMLR elevates this principle to a new level. Obliged entities must not only review individual transactions but continuously analyse and assess the entire business relationship throughout its lifecycle.
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SSanctions
20. EU-Sanktionspaket gegen Russland: Was das für den Finanzsektor bedeutet 20th EU Sanctions Package against Russia: What It Means for the Financial Sector
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  • 3 minute read

20th EU Sanctions Package against Russia: What It Means for the Financial Sector

The EU’s 20th sanctions package against Russia increases the focus on sanctions circumvention via third countries, alternative payment channels and crypto structures. Banks, payment service providers and CASPs must strengthen their sanctions compliance with a stronger focus on payment flows, intermediaries and infrastructure risks.
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FFinTech
BaFin puts turbo certificates on a tight leash 2
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  • 2 minute read

BaFin puts turbo certificates on a tight leash

General ruling to restrict the marketing, distribution and sale of turbo certificates to retail investors With its general ruling, BaFin imposed restrictions on the marketing, distribution and sale of turbo certificates. It sets out strict conditions for all sales activities relating to turbo certificates targeting retail investors.
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