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.…
AML Package (2): Risk Management under the AML Regulation
The AML package encompasses a multitude of changes compared to the previous legal framework. The third part of…
PayTechTalk #78 – Crypto Compliance
In this episode of PayTechTalk, Alireza Siadat talks about crypto compliance with two experts from Crystal Blockchain Analytics:…
Transparency Register and Financial Information Act enters into force in August – Major changes in the Anti-Money Laundering Act (AMLA)
On 30.06.2021, the Act on the European Interconnection of Transparency Registers and the Implementation of Directive (EU) 2019/1153…
Legislator Extends Money Laundering Offence | Massive consequences for those obliged to comply with the AMLA
The legislator indirectly extends the obligations of those who are obliged to make suspicious activity reports according to…
KYC and KYB – identification pursuant to Anti-Money Laundering Act | FinTech online course #21
As we have already learned in the last article, the identification of the customer is only one of…
PayTechTalk 47: Lex Apple Pay – A great moment for Parliament or legislative nonsense?
Happy Birthday Das Wichtigste zuerst: Happy Birthday, Apple Pay Deutschland! Sie sehen gerade einen Platzhalterinhalt von Standard. Um…
PayTechTalk 41 – What does the Anti-Money Laundering Act actually say?
Often when talking about money laundering, people immediately think of Al Capone. And that is quite accurate, because…
PayTechTalk 35 – About BaFin’s Instructions for the Interpretation and Application of the German Anti-Money Laundering Act (IIA)
The instructions for the interpretation and application (IIA) of the German Federal Financial Supervisory Authority (BaFin) on the…
BaFin’s Instructions for the Interpretation and Application of the German Anti-Money Laundering Act (IIA)
On 11 December 2018, the German Federal Financial Supervisory Authority (hereinafter referred to as “BaFin”) published its Instructions…
Virtual currencies deciphered (1) – the new legal definition and AMLD5
It is not only the Prussians who are quick to shoot, but the European Commission, too. To put…
AML5 update: 5th Anti Money Laundering Directive adopted
5th Anti Money Laundering Directive (AML5) tightens requirements for anonymous e-money and makes cryptocurrency platforms and wallet providers…