Webinar: AML from a compliance perspective – what obligations do businesses need to follow?

The AML Act, effective as of 2018, has imposed a number of anti-money laundering and counter-terrorist financing (AML/CFT) obligations on entrepreneurs, which have been expanded under the amendment adapting Polish legislation to the provisions of the so-called 5th EU Directive.

What obligations do the AML Act impose on entrepreneurs and what specific procedures must companies implement? Experts from TGC Corporate Lawyers hosted a webinar “AML from a compliance perspective” during which they discussed the most important aspects of AML compliance for entrepreneurs.

Date of the webinar: 10 March 2022
Time of the webinar: 11 AM – 12 PM
Language: Polish

Webinar agenda:

• General provisions of the Act: purpose of the Act, scope of its regulation, basic definitions contained in Article 2 of the AML Act, sanctions,
• Obligated institutions: definition of the obligated institutions and their responsibilities,
• Real beneficiaries: definition, types of entitlement,
• CRBR entry: which entities are required to make an entry, data to be reported to the CRBR,
• Updating CRBR entries: how to update, statutory deadlines, declaratory versus constitutive entries in the National Court Register (KRS) and their impact on CRBR updates,
• Amendments to the AML Act: broadening the definition of obligated institutions, new obligations, the need to provide additional data to CRBR, new sanctions,
• Specific procedures for the control of certain investments: scope of the legislation, protected entities, basic definitions and fines.

Participation in the event was free of charge. To watch the recording, please register below.

Speakers:

Artur Rogozik
Partner, Attorney at Law
TGC Corporate Lawyers

Michał Frąckowiak
Senior Associate, Lawyer
TGC Corporate Lawyers

Karolina Piątek
Junior Associate
TGC Corporate Lawyers