Crypto assets: Money laundering risks and compliance duties


In recent years, crypto assets such as virtual currencies have emerged as a prominent feature of the global financial system. However, crypto tokens are particularly vulnerable to money laundering and terrorist financing, as they enable transactions of digital units of value on a decentralised and anonymous basis. Given their global reach and anonymity, crypto assets challenge traditional means of combating money laundering and have triggered reform efforts at the national and international level. In particular, the Financial Action Task Force (FATF), as the most important international body for the development of regulatory standards in the fight against money laundering and terrorist financing, has issued global standards to prevent the misuse of crypto assets.

Our webinar will provide an overview of basic features of crypto assets and of key regulatory and civil law reforms at the European and national German level. On that basis, we will outline the anti-money laundering compliance measures that financial and non-financial institutions shall implement to mitigate their risks.

Registered participants will receive the link to our zoom webinar 2-3 days prior to the event via email.