The 5th Money Laundering Directive; mandating the use of electronic verification

The 5th Money Laundering Directive mandated electronic verification in an attempt to counteract terrorist financing and increase the transparency of financial transactions.

By SmartSearch

The 5th Money Laundering Directive; mandating the use of electronic verification

We were recently featured in Wealth & Finance.

"Money launderers using increasingly sophisticated methods of moving illegally-earned cash through criminal networks. In response, anti-money laundering (AML) law is constantly evolving, and successive legislative updates reflect the EU’s determination to keep pace".

Read the full story here.

 

See it in action

Book a personalised demo with an AML expert today!

musical-mycraphone-orange-background-178578480

See it in action

Let one of our highly-trained sales team demonstrate the multi-award winning SmartSearch AML product.

musical-mycraphone-orange-background-178578480