New Guidance on Wwft has been issued by Dutch Government

Posted by Tom Wijmans
On 29 July 2020

On the 21st of July 2020 the Dutch government has published their new Leidraad (Guidance) for the Dutch AML law, (Wwft). Currently it is only available in Dutch. You can dowload here.. If you need help with: A gap assessment of your current policies & procedures against this new guidance. A change in workflow descriptions […]

Anti-money laundering (AML) extends beyond Transaction Monitoring alone.

Posted by Tom Wijmans
On 14 July 2020

Financial institutions perform transaction monitoring as an important preventive tool against anti-money laundering practices. A number of major banks in the Netherlands have even established a new organisation to jointly monitor their transactions. This is definitely a welcome decision; this will enable suspicious transactions that take place at multiple banks to be reviewed in their […]