Legal professions hold particular significance within the framework of the Money Laundering Act, with lawyers classified as having a “high” risk of money laundering by the Federal Ministry of Finance.
Violations of the Money Laundering Act can result in severe penalties, often in the millions of Euros, and public exposure and reputational damage. Regpit simplifies AML and KYC processes, facilitating the seamless verification of the identities of your clients.
By implementing robust identity verification measures and comprehensive due diligence, we protect you against potential risks while maintaining the integrity of your business operations.
