AML – Amendments to the Act on the Prevention of Money Laundering
Read about the changes introduced by the amendment to the Act on the Prevention of the Legalization of Proceeds of Criminal Activity (AML Act).
KYC
[2025] Čo je to KYC?
KYC represents the acronym for the English phrase "know your customer," which translates to "poznaj svojho klienta" in Slovak.
[2025] Čo je to AML?
AML stands for anti-money laundering. In practice, it is most commonly understood as a set of rules aimed at preventing money laundering (of illicit funds).
Record fine for violation of AML rules
The Financial Intelligence Unit has imposed a record fine for violating AML regulations. The fine amounts to EUR 1 500 000.