Tag Archives: transparency

Christmas comes but once a year – Gifts versus Compliance

Matthias Dennig/ December 17, 2018/ Uncategorized

Christmas time is the time to give, also for businesses. But is Santa welcomed? While we can look forward to gifts from family and friends carefree, or – if things are not as expected – only with short disappointment till the big annual exchange – presents from business partners may come with legal consequences. Those who give or accept too

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Fifth Anti-Money Laundering Directive: What Does It Mean for You?

Susanne Hofrichter/ July 30, 2018/ Uncategorized

The EU’s Fifth Anti-Money Laundering Directive is finally here. Published in the Official Journal on June 19 of this year, the new directive became binding on 9 July. The aim? To tighten the screws on terrorist financing and drive up transparency in financial transactions. No small task for those firms affected and yet another compliance hurdle to overcome. And the

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