The German government’s Sanctions Enforcement Act II (Sanktionsdurchsetzungsgesetz II) reorganises the way Germany enforces sanctions, ensuring that they are implemented even more effectively. It also introduces additional measures to fight money laundering and sends out a strong signal that Germany intends to combat financial crime consistently and resolutely.

The EU’s new Anti-Money Laundering Authority (AMLA) will be based in Frankfurt. In a joint vote, the European Parliament and the Council of the European Union decided in favour of Germany’s financial hub. In the negotiations to establish AMLA, the Federal Ministry of Finance had pushed successfully to increase the new authority’s powers. The choice of Frankfurt as AMLA headquarters reinforces …

The Federal Ministry of Finance, the Hessian state government and the city of Frankfurt have announced Germany’s official application to host the EU’s future Anti-Money Laundering Authority (AMLA).

The G20 finance ministers and central bank governors released a joint communiqué following their meeting in Marrakesh.

On 12 October 2023, the G7 finance ministers and central bank governors issued a joint statement.

We need to take decisive action against financial crime, especially money laundering, and effectively enforce sanctions. To this end, we are implementing the “follow the money” approach with a new strategy. We are initiating fundamental reforms not only of structures and institutions but also of tools and approaches. In particular, this includes bundling key competencies in the new Federal …

The G7 finance ministers and central bank governors released a joint communiqué following their meeting in Niigata, Japan.

On 12 April 2023, the G7 finance ministers and central bank governors issued a joint statement.