The long-awaited new EU laundering package has been adopted
and will enter into force on July 1, 2027.
The current anti-money laundering legislation already
imposes a wide range of requirements for lawyers, real estate
agents and financial institutions to prevent money laundering and
terrorist financing, but with this new anti-money laundering
package there will be further tightening and more uniform rules,
and more industries will be covered by the legislation. In
addition, a new supervisory authority will be created and more
extensive powers will be granted to financial intelligence units to
combat money laundering and terrorist financing.
Although the anti-money laundering package won't come
into force until 2027, it's important to consider now whether
and to what extent the rules will affect your business.
