EU introduces strict money laundering laws - which is now awaiting us!

EU introduces strict money laundering laws - which is now awaiting us!

Frankfurt am Main, Deutschland - On July 1, 2025, the new European anti-money laundering authority AMLA (Anti-Money Laundering Authority) starts its business and thus sets the first signal for the comprehensive implementation of the EU money laundering package. According to Haufe , this reform leads to a fundamental departure of national laws, which is largely abolished and by a direct applicable EU regulation can be replaced. The heart of this initiative is the EU money laundering Ordinance (Regulation (EU) 2024/1624), which has written to the financial system to fight money laundering and terrorist financing.

The new laws promise a significant increase in diligence for companies that are affected by the regulations. Above all, banks, real estate agents and other financial service providers will have to report suspicious activities directly to the central reporting points (Financial Intelligence Units, Fius). The prominent innovations also include the introduction of a central account and real estate register, which is not only recorded regular accounts, but also cryptocontes. Reports about this The European Parliament .

extended obligations and measures

With the new regulation, the circle of the money laundering prevention is significantly expanded. In addition to banks and asset managers, football clubs and crypto value service providers are now also obliged. The amount of cash payments is limited to 10,000 euros, while transactions over 3,000 euros require identification. In addition, all nationals of a customer must be recorded and the diligence obligations are increased at increased risk.

Another important innovation concerns the identification of economic owners. In the future, companies and institutions will have to observe a threshold of 25 % among the economic owners. This could even be reduced to 15 % in high -risk scenarios. At a time when the requirements for compliance structures are becoming increasingly stricter, affected companies must ensure that their documentation processes update and that reporting positions comply with timely. From July 10, 2025, access to economic owner data for people with "legitimate interest" will also be open, which is important not only for media professionals, but also for authorities.

The rebuilding of the Amla

The AMLA will be located in Frankfurt am Main and acts as a central supervisory authority. Your tasks are far -reaching: from monitoring risky financial companies to the analysis and coordination of reports to direct supervision of companies with a high risk profile. Here, too, the new regulatory environment has made up for a lot. The authority not only receives the right to impose fines for violations, but should also report annually to the European Parliament and the Council, such as EUR-Lex In summary, this means a far -reaching reform that not only serves to stabilize the EU financial system, but also to offer more transparency and security for citizens. From July 10, 2027, most of the changes must already be implemented in the company processes in order to meet the requirements.