The Holiday Season is Here...

Christmas celebrations begin in Europe and on December 20th there will be a weekend that will last until the beginning of January 2025.

The EU has appointed central authorities in charge of sanctions in each European country.

Regulation No 2024/2465 has been published in the Official Journal of the EU, which publishes Union regulations. This document includes a list of state bodies responsible for all sanctions-related issues in individual EU Member States. The relevant structures are vested with powers to manage, consult and issue the necessary permits.

The EU Anti-Money Laundering Office has opened and is looking for a head

On June 26, 2024, the regulation establishing the EU Anti-Money Laundering Authority (AMLA) officially came into force. Reuters reports this.

AMLA's two main objectives will be EU-wide anti-money laundering supervision and support to national financial intelligence units in European countries.

EU approves trade agreement with Great Britain

A trade and cooperation agreement between the European Union and the United Kingdom, which was created as a result of difficult negotiations and a short time frame, has entered into force.

The European Commission proposed to limit investments of foreign companies in the EU

The EU has proposed limiting foreign investment in European businesses to prevent the buy-up of companies that have fallen in price during the pandemic.

The Netherlands has published a bill to register beneficiaries for trusts

The Ministry of Finance of the Netherlands has published a draft law on the registration of beneficial owners of trusts and similar legal arrangements. The requirement to register beneficial owners of trusts and similar organizations is defined by the EU Anti-Money Laundering Directive (AMLD5).

Europe is hit by the third wave of the pandemic

On March 19, Chancellor of Germany Angela Merkel announced that strict quarantine measures in the country had been extended to at least April 18. At the meeting in March, the heads of state agreed to a cautious easing of the quarantine, although Angela Merkel had objected to it.

The holiday comes to us!

Dear Customer!

On the 24th of December a festive season begins. And it will be last until the beginning of January 2020. It is worth emphasizing that the post also has certain difficulties in shipping. In fact, many government agencies stop working on the 20th December. Before you have taken any steps, be sure that the relevant office is still open.