September 18, 2017
The main rules of the new law on the prevention and control of money laundering and terrorist financing came into force on 26 June 2017. From that date onwards, service providers will have to comply with the provisions of the new law and the new legislation supplementing it. Newly established service providers are obliged to establish their internal rules under the new rules and submit them to the supervisory body for approval. In addition, the new law imposes obligations on existing service providers when it enters into force, and these providers are obliged to recast their internal rules in accordance with the provisions of the new law and to inform the supervisory body in writing about this.