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🇪🇺EUArticle 59

EU Anti-Money Laundering Regulation.

The AMLR is the EU's directly applicable anti-money laundering regulation, replacing the directive-based approach. It establishes uniform AML/CFT rules enforced by the new EU Anti-Money Laundering Authority (AMLA).

Maximum penalty

€10M or 5% turnover

Source: Article 59

Key requirements

Customer Due Diligence (CDD)

Enhanced Due Diligence for high-risk customers

Beneficial ownership identification

Suspicious transaction reporting

+2 more requirements in the complete guide.

Get the full AMLR compliance guide →

Enforcement examples

Danske Bank

Estonian branch AML failures - ~€200B suspicious transactions

€2B

2022

How Tessera automates AMLR compliance

CDD/EDD workflow automation

Beneficial ownership screening

Transaction monitoring rule engine

SAR filing workflow

AML risk assessment documentation

AMLR compliance checklist

Essential steps to achieve and maintain AMLR compliance.

1

Implement risk-based CDD procedures

2

Establish beneficial ownership verification

3

Deploy transaction monitoring systems

+2 more steps in the full checklist.

Get your complete AMLR compliance checklist - free →

Industries affected

Financial ServicesCrypto & FinTech

Calculate your AMLR exposure.

See exactly how AMLR penalties apply to your revenue and industry profile.