4th AMLD: Poland Threatens Tough Stance On E-Money

Poland’s e-money sector could face tougher controls under new anti-money laundering (AML) laws, as the country scrambles to implement EU reforms before next week’s deadline.

The country’s finance ministry held consultations last month on its transposition of the 4th Anti-Money Laundering Directive (4th AMLD) ahead of the EU-wide June 26 deadline.

In transposing the previous directive, Poland agreed to exempt e-money and prepaid firms from customer due diligence requirements, providing transaction values remained below certain thresholds.

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