For auditors, the money laundering risk is classified as “medium” by the Federal Ministry of Finance.
Violations of the Money Laundering Act can result in substantial fines, often in the millions, and public disclosure of the responsible parties. Regpit provides guidance along with user-friendly AML and KYC processes to simplify identity verification for your clients.
By implementing robust identity verification measures and conducting thorough due diligence, we assist in safeguarding you against potential risks while preserving the integrity of your business operations.
