Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Compliance is about implementing robust measures required by law and resilient compliance mechanisms to stop criminals and terrorists from exploiting your businesses to launder illicit funds or finance organised crime.
Money laundering and terrorist financing are global threats, with $800 billion to $2 trillion laundered annually—up to 5% of the world’s GDP. The EU leads the fight with strict AML regulations, requiring businesses to monitor, report, and prevent suspicious financial activities via the EU AML Directives.
Who Needs to Comply?
EU businesses handling financial transactions or high-value assets such as:
- Credit/ Financial institutions (e.g. banks, insurance companies, investment firms, fund managers)
- Real estate businesses (e.g. property developers, agents and brokers)
- Luxury Goods and High-Value Retail (e.g. dealers in art, jewellery, luxury cars)
- Professional service providers (e.g. Law firms, Accountants, ASPs, etc.)
- Fintech and cryptocurrency firms (e.g. digital payment platforms, crypto exchangers, wallet providers)
- Casinos and Gambling businesses
- Other High-Risk sectors (e.g. businesses in trade, import/export, cash-intensive industries)
Not sure if your business must comply? Ask us to assess your current situation and clarify this point for you.
Compliance isn’t just about ticking a box— it's about building a robust, structural defence that protects your business, your people, and ultimately society.
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