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EU Anti-Money Laundering Directive (AMLD) guide.

Published by Onfido

The document provides a comprehensive guide to the EU Anti-Money Laundering Directive (AMLD), outlining its evolution and key components. It explains the importance of customer due diligence (CDD), Know Your Customer (KYC) procedures, and identity verification in preventing money laundering and terrorist financing. The guide covers the history of AMLD from its inception in 1991 to the latest directives, including the anticipated establishment of the EU Anti-Money Laundering Authority (AMLA). It emphasizes the need for businesses to adopt robust AML and CDD measures, particularly as regulations continue to evolve, to ensure compliance and maintain financial integrity.

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