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EU Parliament Adopts New Financial Surveillance Rules for Service Providers

The EU Parliament approved a new AML package that will come into effect in 3 years. The new rules contain enhanced customer surveillance measures for financial institutions and EU wide limit of 10000 EUR on cash payments for obligated entities.

https://www.nobsbitcoin.com/eu-adopts-new-financial-surveillance-aml-rules/

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Discussion

Javier 1y ago

In Spain you can't make cash payments greater than 1000€ since years ago, this is no surprise. In fact, the surprise is that they put the limit on 10000€. I wonder if the EU will force Spain to rise it to 10k€.

Adamsmith 1y ago

I think that's EU wide or at least in the eoro zone I know it's in Ireland too