As you may already know the new EU 5th Money Laundering Directive (“5MLD”) comes into effect in January 2020 and it will apply to all regulated companies.
Being prepared for this will enable you seamlessly ensure compliance with the new regulations.
5MLD extends the remit of 4MLD to:
- Auditors, external accountants and tax advisers
- Estate agents and including rental
- Currency exchanges
- Wallet providers
- And art sales of £10,000 or more.
Why not take a look at ALMTrac and see if we can help you in any way, if so please feel free to get in touch.
