The package includes AML/CFT rules for the crypto sector and a ban on cash payments over EUR 10,000, among other measures.
December 12, 2022The proposed rules impose 'fit and proper' requirements on shareholders and key responsible persons of adjusters.
August 4, 2022The AMLA will directly supervise certain types of credit and financial institutions, including crypto asset service providers, starting in 2026.
July 7, 2022A group of EU member states led by Germany is seeking to make the inclusion of cryptocurrency firms under the AMLA's remit more explicit.
March 2, 2022A new EU-level AML authority will coordinate national authorities to ensure the private sector correctly and consistently applies EU rules.
July 23, 2021FinCEN will publish new rules within 6 months reflecting the priorities, which identify the most significant AML/CFT threats currently facing the US.
July 6, 2021AMLC Executive Director Mel Georgie Racela told Regulation Asia that incorrect STR filings identified in a recent review will result in supervisory action.
May 24, 2021The laws cover the handling of forfeited properties and assets, and the transfer of money laundering cases to specialised agencies.
May 15, 2021Offshore gaming operators, their service providers, real estate developers and brokers have been brought into scope as covered entities.
February 4, 2021Incoming Treasury Secretary Janet Yellen thanked Congress for passing the AMLA, widely considered to be the most significant overhaul of AML legislation in the US since 2001.
January 25, 2021