5AMLD is here

The 5th Anti-Money Laundering Directive is here. Most of which came into effect on 10 January 2020. 5AMLD expanded the type of businesses covered by money laundering regulation to include firms in the Cryptoasset/virtual currency space, other businesses such as art dealers were also brought into the space.

Capital published a helpful article covering 5AMLD in context of UK firms in the Cryptoasset sector, available here.