EMEA , News By Region , Regulation
January 19, 2024

EU Introduces Stricter AML Rules for Crypto Firms

Revamping Anti-Money Laundering Measures: EU Strengthens Oversight on Crypto Firms In a significant move to bolster anti-money laundering (AML) measures, the European Union has approved a new framework that imposes stricter rules on companies operating within its jurisdiction. This framework, jointly agreed upon by the Council and Parliament, aims to enhance transparency and curb illicit […]

EMEA , Legal , Legislation , Regulation
April 1, 2023

New AML/CTF legislation approved by the committees of the European Parliament

The Economic and Monetary Affairs and Civil Liberties, Justice and Home Affairs committees of the European Parliament have given their approval to three draft legislations that aim to strengthen the EU’s anti-money laundering and counter-terrorist financing (AML/CTF) regulations. One of these draft legislations is the “single rulebook” regulation, which aims to standardize AML/CTF policies across […]