5th FMA Compliance & Money Laundering Prevention Practice Conference

Around 130 risk and compliance managers and money laundering officers from supervised companies attended the 5th FMA Compliance & Money Laundering Prevention Practice Conference in Vienna, and the event could also be followed digitally in real time via livestream on the FMA website. The FMA experts reported on the latest international and national regulatory developments and supervisory initiatives in compliance, conduct supervision and money laundering prevention and discussed these with representatives of the market practice. The focus was on the "money laundering package" of the European Union, which on the one hand will bring its own EU supervisory authority, the AMLA (Anti-Money Laundering Authority). On the other hand, for the first time, a directly applicable EU money laundering regulation, which will harmonise the regime for the prevention of money laundering throughout Europe to the greatest possible extent. Further information can be found here.