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German and EU Financial Sanctions and AML Law

Legal Excellence

European and German anti-money laundering (AML) 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 supervisory side, BaFin now requires high standards of compliance and in some cases imposes severe sanctions on banks and securities institutions if it 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 financial sanctions law.

Kronsteyn is your partner for legal matters in AML and sanctions law – as legal advisor in structural matters and as legal representative before authorities and courts.

Publication Relating to Financial Sanctions Law

Müller-Lankow, Comment on the decision of the German Federal Court of Justice (BGH) of 18 March 2025 (XI ZR 59/23) – Blocking of securities accounts due to U.S. sanctions (German: Anmerkung zum Urteil des BGH v. 18.03.2025 (XI ZR 59/23) – Sperrung von Depotbeständen aufgrund von US-Sanktionen), in: Entscheidungsanmerkungen zum Wirtschafts- und Bankrecht (WUB) 2025, pp. 193-197.

Legal Services

Kronsteyn law firm provides legal advice on German and European AML and financial sanctions law and represents clients before authorities and in judicial proceedings. The range of services includes, among others:

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  • Preparing legal opinions and expert reports on anti-money laundering and financial sanctions law

  • Drafting and reviewing contracts (e.g., outsourcing and cooperation agreements) as well as clauses for general terms and conditions (GTC)

  • Liaising with authorities such as the European Council, BaFin, Deutsche Bundesbank, and BAFA, and representing clients in application and objection procedures—for example, applying for an exemption from financial sanctions to release funds or seeking removal from an EU sanctions list

  • Representing clients in proceedings before the General Court of the European Union (EGC) as well as German civil and administrative courts

  • Reviewing, revising, and providing internal policies (e.g., internal AML/CTF and sanctions policies)

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