Almost all companies and organisations in Germany are obliged to comply with the AMLA. The Money Laundering Act defines money laundering prevention as a management task. Obligated companies have to appoint a "member of the management level" who is responsible for AMLA risk management.

In the non-financial sector, there are 13 obligated sectors with approximately one million obligated companies and more than 330 supervisory authorities.

Section 2 AMLA determines who is subject to AMLA obligations. Depending on the obligation and sector, a number of privileges and special features exist.



Dr. Niklas Auffermann