Polish Authorities Approve Tough AML Laws On E-Money And Virtual Currencies

Poland has effectively pre-empted incoming EU rules on e-money and virtual currency, bolstering its overdue implementation of the 4th Anti-Money Laundering Directive (4th AMLD) with tough controls on prepaid cards and exchange platforms.

A bill transposing the directive into national law was signed by the presidency at the end of March and is set to take effect in July this year.

To continue reading...

Our Key Benefits

PaymentsCompliance is a premium information service for compliance, legal and regulatory professionals. Our award-winning regulatory monitoring platform is used by many of the world's leading payment services providers and e-money institutions, regulators, challenger banks, fintechs and law firms.

We keep our clients informed of critical regulatory change and help them understand, with in-depth analysis, when change is coming and the implications for their organisation.

We provide our clients with a quantifiable and significant ROI by reducing the amount of time and money spent monitoring and analysing regulatory environments in multiple jurisdictions.