Group-wide Policies and Procedures The landscape of anti-money laundering (AML) regulations and the necessary compliance measures have significantly evolved, particularly with the introduction of the 4th Anti-Money Laundering Directive (AMLD) [Directive (EU) 2015/849] and its subsequent amendment under the 5th AMLD [Directive (EU) 2018/843]. For financial and credit institutions, understanding the intricacies of these directives, along with the Commission Delegated Regulation (EU) 2019/758, is crucial for effective group-wide policy implementation and risk management. 4th and 5th Anti-Money Laundering Directives: The 4th AMLD set a new standard for AML and counter-terrorist financing (CTF) policies in the EU, requiring a holistic approach to risk assessment and management … Continue reading Group-wide Policies and ProceduresRead More →