Mikołaj Górny in an article about financial security measures for Legalis

Regulation (EU) 2024/1624 introduces significant changes to EU regulations on anti-money laundering (AML) and counter-financing of terrorism (CFT). The new regulations strengthen the importance of financial protection measures. Standardizing requirements at the European Union level results in more detailed obligations for obligated institutions, particularly in the areas of transaction monitoring and risk identification, while tightening the thresholds for their application.

In the article for Legalis (C.H. Beck Publishing), Mikołaj Górny, a Lawyer in the Capital Markets Department at Sadkowski and Partners, outlines financial security measures under the AML Act.

Our expert discusses, among other things:

• the significance of financial security measures
• the mandatory list of financial security measures
• the grounds for applying financial security measures
• situations where financial security measures do not apply
• due diligence measures towards the client in the AML-package regime

We encourage you to read the full article available on the Legalis website!