We provide legal services to obliged entities within the meaning of the law on combating money laundering and the financing of terrorism, as well as advise on the performance of obligations related to submitting information on beneficial owners to the Central Register of Beneficial Owners.

The dynamically changing obligations in the field of anti-money laundering and anti-terrorist financing, the gradual expansion of the group of obliged entities, imprecise regulations, as well as very severe penalties threatened for failure to comply with these obligations, result in the rapid increase in the importance of the AML’s area as generating significant regulatory risk in business activities. The task of our lawyers is to actively support our clients in the process of risk management, making our clients aware of their obligations in the field of anti-money laundering and anti-terrorist financing, as well as assist them in complying with these obligations.

The scope of services offered within the AML specialization

1. Legal services for obliged entities, including:
   • verification if an entity is subject to obligations relating to anti-money laundering and anti-terrorist financing;
   • drafting of risk assessments of obliged entities;
   • drafting of internal procedures of obliged entities;
   • training courses for employees of obliged entities concerning their obligations relating to anti-money laundering and anti-terrorist financing;
   • advising clients during inspections carried out on the obliged entities by the competent authorities and in the implementation of post-inspection recommendations;
   • representation of clients in administrative proceedings (including in particular proceedings before the General Inspector of Financial Information, GIIF) in matters regarding imposition of the administrative monetary penalties for failure to comply with obligations in the field of anti-money laundering and anti-terrorist financing;
   • representation of clients in proceedings before administrative courts initiated by a complaint against the authority’s decision on imposition of penalties for failure to comply with obligations in the field of anti-money laundering and anti-terrorist financing.
2. Legal services for companies and partnerships obliged to submit information on the beneficial owner to the Central Register of Beneficial Owners, including:
   • supporting clients in the process of identification of beneficial owners (e.g., drawing up of legal opinions on the interpretation of the definition of beneficial owner).