Navigating the Anti-Money Laundering Landscape – The Role Companies Play in Protecting the Financial System

Money laundering and the financing of terrorism are serious issues. The stability of the financial system is crucial to a stable society. In this article, the author will focus on three threats to society: corporate compliance, cash and cross-border transactions. The author provides an overview of the level of risk for the different types of politically exposed persons (PEPs). An overview of PEP functions per EU Member State is also included.