Next Level AML: Strategies for Money Laundering Officers in the Digital Age
The fight against money laundering is entering a new era. As digital transformation accelerates, regulatory requirements tighten, and financial crime becomes ever more sophisticated, Money Laundering Reporting Officers (MLROs) face unprecedented challenges—and opportunities....
Tag: crypto compliance
New Rules: What the Gambling Act, §11a, §23a FM-GwG and the Sanctions Act 2024 Demand from You Now
As part of implementing EU directives and FATF recommendations, Austria has enacted profound legal changes. With the FM-GwG Amendment Act 2024 and the new Sanctions Act 2024, the Gambling Act (GSpG) has also been comprehensively amended. The...
KMAG & EU Regulation 2023/1113: Stronger Rules Against Money Laundering in the Crypto Sector
The Crypto Markets Supervision Act (KMAG) obliges crypto service providers to comply with comprehensive regulations for combating money laundering and terrorist financing. This law is complemented by the Regulation (EU) 2023/1113, which introduces...