Per the Federal Ministry of Finance, the German real estate sector is deemed a “high-risk area” for money laundering activities.
Compliance with the Money Laundering Act necessitates rigorous measures, including risk management, internal safeguards, extensive due diligence/KYC procedures, and a system for reporting suspicious activities.
Regpit offers guidance and user-friendly AML and KYC processes to streamline identity verification for your clients, contractors, and partners.
This ensures robust identity verification and comprehensive due diligence to protect you and maintain business integrity.
