AML

AML (Anti-Money Laundering) is a set of measures designed to prevent the laundering of illegal funds and the financing of terrorism.

Meeting of the Legal Group of the Czech Fintech Association

On Wednesday, September 25, a representative of our law firm, František Malý, joined the legal group meeting of the Czech Fintech Association at the Diamant Work Lounge in Prague. The program covered news on both adopted and upcoming legislation.

Planned Amendment to the AML Decree

With regard to the upcoming amendment of the AML Act and the imminent establishment of the Union agency AMLA, the Czech National Bank is submitting a proposal to amend AML Decree, into which these changes will be reflected.

Amendment to the AML Act - Overview of the Most Important Changes

As of May 1st, 2024, the amendment to the Act on Certain Measures Against the Legalization of Proceeds from Criminal Activities and Financing of Terrorism (the AML Act) has come into effect. Our law firm has prepared a practical summary of the most important changes and new developments introduced by the amendment.

Legal Representation During Inspections or in Sanction Proceedings with the Czech National Bank

The Czech National Bank can initiate sanction proceedings against financial entities in case of violations of relevant legal regulations or regulatory requirements, particularly the Banking Act, the Payment System Act, or AML regulations.

What will 2023 bring in financial regulation?

Stay up to date on financial regulation for 2023. Read about crowdfunding, cybersecurity, cryptocurrency regulation, payment services and AML.

AML inspections by the FAU or the CNB

The most common deficiencies in AML inspections by the FAU or the CNB.

Sales representative of a payment institution

Stuchlíková & Partners consistently provides legal services to a sales representative of a payment institution and a sales representative of a provider of payment services.