AML Act
AML is an abbreviation for the English term anti-money laundering. In practice, AML is most commonly understood as a set of rules or measures aimed at preventing money laundering.
legalizácia príjmov z trestnej činnosti
[2024] What are unusual business operations?
The AML law defines unusual business operations as legal actions or other activities that indicate that their execution may lead to money laundering or the financing of terrorism.
Who is a politically exposed person in Slovakia?
Politicky exponovanou osobou rozumieme fyzickú osobu, ktorej je alebo ktorej bola zverená významná verejná funkcia. Vymedzenie zakotvuje AML zákon.
[2024] Unusual real estate agency business operations
Real estate agencies are obliged entities under the law on the prevention of money laundering and are subject to the provisions of the AML law.
What is KYC?
KYC represents the acronym for the English phrase "know your customer," which translates to "poznaj svojho klienta" in Slovak.
What is AML?
AML stands for anti-money laundering. In practice, it is most commonly understood as a set of rules aimed at preventing money laundering (of illicit funds).
Qualified application to the Financial Intelligence Unit
A qualified request to the Financial Intelligence Unit enables guidance to be obtained for obliged persons.
A second round of national risk assessment has taken place
The second round of the National Risk Assessment for the period 2016-2019 in the conditions of the Slovak Republic took place.
Record fine for violation of AML rules
The Financial Intelligence Unit has imposed a record fine for violating AML regulations. The fine amounts to EUR 1 500 000.
Trends in unusual business operations
Read on to find out what unusual business operations are coming to the fore during 2020.