Anti-Money Laundering and Sanctions 

German anti-money laundering and sanctions law has become significantly more relevant in recent years. In the area of anti-money laundering law, market participants have been exposed to continuously increasing requirements, not only from a legal perspective, which will probably reach a temporary peak with Directive (EU) 2024/1640 (AMLD 6) and Regulation (EU) 2024/1624 (AMLR) in July 2026. On the regulatory side, BaFin now requires a very high standard of compliance and in some cases imposes severe sanctions on banks and securities institutions if the authority deems the measures implemented to be inadequate. In the area of sanctions law, the Russia sanctions in particular have posed considerable challenges for market participants, not only due to their scale, but also due to the strong business and personal ties between Germany/Europe and Russia. Regulation (EU) No. 833/2014 and Regulation (EU) No. 269/2014, among others, have been significantly stricter since 2022 and affect banks, securities institutions, other companies and private individuals at various levels. The German law firm Kronsteyn is your partner in solving legal matters in German and European anti-money laundering and sanctions law.