KYCnow Blog: Insights into AML & KYC
Always up-to-date news on KYC, KYCnow and money laundering prevention
FATF Plenary Meeting: What banks need to know now
Die Financial Action Task Force, kurz FATF, hat auf ihrer jüngsten Plenarsitzung mehrere wichtige Entscheidungen für Banken und Finanzdienstleister getroffen. Im Mittelpunkt standen neue Länderrisiken, strengere Anforderungen an...
One more year until AMLR: What's important now
The Anti-Money Laundering Regulation (AMLR) will come into effect on July 10, 2027. This marks the beginning of a new phase in the European fight against money laundering and terrorist financing for banks and other obliged entities. The new EU Anti-Money Laundering Regulation will bring about changes...
GWP-Digital combines legal requirements with everyday law firm life.
Money laundering prevention has long been part of the daily work routine for tax firms. Clients must be vetted, beneficial owners identified, risks assessed, and measures documented transparently. At the same time, implementation must be ensured…
AMLR implementation in practice
The most important KYC adjustments for obliged entities until July 10, 2027: The EU Anti-Money Laundering Regulation (AMLR) is one of the most comprehensive changes for obliged entities in recent years. It is not merely a "compliance issue," but has direct implications for...
Legal changes in 2026: What banks and financial institutions need to know
Between Innovation and Obligation: The year 2026 brings numerous new legal requirements at both EU and national levels. This is particularly true for companies obligated under the Money Laundering Act (GwG) – especially banks and...
The new EBA framework for AML & KYC
Between Innovation and Obligation: With its opinion on money laundering and terrorist financing risks (EBA/Op/2025/10), published on 28 July 2025, the European Banking Authority paints a clear picture: The EU financial sector...
From "blacklist" to "warning list": Modern terms for modern KYC compliance
Lists like the so-called "blacklist" play a central role in money laundering prevention: They help to identify risks early by checking whether companies or individuals are on relevant risk lists. These lists are...
EU-AML Regulation 2027: Why all obliged entities should prepare now
From July 10, 2027, the Anti-Money Laundering Regulation (AMLR), due to its legal character as directly applicable EU law, will replace existing national laws such as the German Money Laundering Act (GwG). This means that identification, ...
Continuous KYC monitoring – the future of money laundering prevention?
Know Your Customer (KYC) is the foundation of effective risk management in companies, especially in regulated industries such as banking, insurance, and financial services. However, while the initial KYC check is conducted when onboarding new customers...
New BaFin AuA 2025: What obliged entities now need to know and implement
On February 1, 2025, the new Interpretive and Application Guidelines (AuA) for the Money Laundering Act issued by BaFin entered into force. These changes affect obligated companies and institutions dealing with money laundering and...
BaFin, FATF, FIU and others: Important institutions in the fight against money laundering
Money laundering is one of the biggest challenges for financial regulators worldwide. Introducing illicit funds into the legal economy is a multi-billion dollar business that criminal networks are constantly perfecting.
Anti-Money Laundering: The Outlook for 2025
A look back at the most important developments in the fight against money laundering in 2024: The year 2024 brought significant progress in the fight against money laundering at both national and European levels. These developments paved the way for key...