Dear Valued Clients: As you are probably aware, on the 20th May 2015 the European Union approved the Proposal to Amend Regulation 648/2012. This has become commonly known as the 4th Money Laundering Directive (4MLD). As stipulated by the EU, the 4MLD will be finally adopted by all member states on the 26th June 2017. Gibraltar, being a member of the EU, will be adopting this Directive and it has already been transposed into local legislation. The 4MLD brings along several important changes
PAA Capital Group has successfully implemented and subscribed to Dow Jones Risk and Compliance through the Membercheck Platform to meet its obligations against Anti Money Laundering and Counter Terrorism Financing (AML/CTF) & PEP & Sanction Screening.