In line with § 2 clause 10 German Anti-Money Laundering Act, a significant group of traders, amongst others credit institutions, insurance companies, lawyers, notaries, auditors, trustees and also real estate agents are obliged by law to comply with the provisions of the German Anti-Money Laundering Act (AMLA) and to act accordingly in conducting their business activities.
Concerning our business activities, the law imposes certain obligations on us, in particular the
As contracting partner you are legally obliged to provide all these necessary information and documents. Appropriate regulations are mentioned in §§ 4 section 6 and section 2 number 1 German Anti-Money Laundering Act.
Before a business relationship is established or a transaction is conducted, we are obliged to identify the contracting partners and, if any, economic beneficiaries, according to the provisions of the German Anti-Money Laundering Act (AMLA) (§§4 and 8). For this purpose, we have to collect the following data from our contracting partners and to verify their correctness by inspecting relevant documents:
Requirements for contracting partners
We conduct the gathering of information and verifications by using a form. Please support us in the data collection and documentation.
We thank you for your cooperation and for your support.