FFinTech Read More 4 minute read KYC and KYB – identification pursuant to Anti-Money Laundering Act | PayTechLaw advent calendar #21byDr. Susanne Grohé21. December 2020 As we have already learned in the last article, the identification of the customer is only one of… Read More
AAnti Money Laundering Read More 3 minute read PayTechTalk Top5 – 2018: The most popular podcasts of 2018byIsabella Fröhlich29. December 2018 As already hinted at in my last post: after we presented the PayTechLaw Top10, i.e. the ten blog… Read More
AAnti Money Laundering Read More 1 minute read PayTechTalk 29: KYC by Third Parties? This is how it works!byFrank Müller4. October 2018 In PayTechTalk 28 haben wir uns intensiv mit dem Thema Geldwäscheprävention befasst und versucht, die wesentlichen Grundlagen zu vermitteln.… Read More
AAnti Money Laundering Read More 6 minute read KYC and the distribution of e-money: Do I have to or not? Section 25i para. 2 German Banking Act (KWG)byChristian Walz2. October 2018 The German legislator transposed the requirements of the 4th EU Anti-Money Laundering Directive (AMLD 4) into German law… Read More
AAnti Money Laundering Read More 1 minute read PayTechTalk 28: KYC, AML and CTF. Fanta 4? Prevention of money laundering!byFrank Müller20. September 2018 In PayTechTalk 28 I will be discussing an issue that is of great importance for our advisory practice… Read More
AAnti Money Laundering Read More 2 minute read AML5 update: 5th Anti Money Laundering Directive adoptedbyDr. Matthäus Schindele3. July 2018 5th Anti Money Laundering Directive (AML5) tightens requirements for anonymous e-money and makes cryptocurrency platforms and wallet providers… Read More
AAnti Money Laundering Read More 7 minute read Double standards: ESAs place high demands on the use of innovative solutions regarding anti-money laundering preventionbyDr. Susanne Grohé6. March 2018 In their opinion, the ESAs praise how money laundering and the financing of terrorism can be prevented by… Read More
AAnti Money Laundering Read More 4 minute read AML and PSD2 – The End of E-Money?byFrank Müller22. November 2016 Full KYC and e-money business are not best friends. However, the obligation to apply SCA to e-money transactions under PSD2 could be a deathblow. Read More
AAnti Money Laundering Read More 2 minute read BaFin pulls back on plans to modify administrative practices on video identification – Circular 04/2016 (GW) suspended until 31 December 2016byFrank Müller12. July 2016 Circular on video identification is suspended Germany’s Federal Financial Supervisory Authority (BaFin) announced yesterday that the requirements in… Read More
AAnti Money Laundering Read More 3 minute read Proposal for a fifth AML Directive – Impacts on the E-money BusinessbyFrank Müller6. July 2016 If the “killer” provision of Article 12 of 5AMLD will come into force, it will massively impact the European e-money business. No thresholds and full KYC. Read More