New AML Recommendations
Ing. Miroslav Červenka, University of Finance and Administration, o.p.s.
The paper deals with the newly planned European legislation in the field of crime proceeds counter-measures and financing of terrorism. Apart from presenting an overview of new measures and recommendations, including new FATF recommendations, there are suggested some possible difficulties in the application of new codification in the Czech Republic.
Key words: Legalization of crime proceeds; identification; risk assessment; risk factors.