Greece Parliament Considers Amendment Bill to Transpose EU Anti-Money Laundering, Counter-Terrorist Financing Directive

The Greek Parliament Sept. 25 accepted for consideration an amendment bill to transpose EU Directive No. 2018/843, on anti-money laundering and counter-terrorist financing. The bill includes measures to: 1) allow public access to the central register of beneficial owners; 2) require registration by digital currency and wallet service providers, and outline supervision provisions; 3) set a monetary limit on prepaid card transactions; 4) set safeguards for transactions to and from high-risk third countries, as defined by the European Commission; 5) establish a centrally automated bank and payments account system facilitating electronic access to the account holder’s information; 6) provide due ...