What could the EU’s new anti-money laundering framework cost businesses?
Rosemont International’s study estimates €4.14 billion to €10.51 billion in additional annual compliance costs across the EU-27, from the central to the highest-cost scenario.
For the yachting sector, the study provides context for discussions about proportionate due diligence in high-value transactions. It also calls on the European Commission and the EU Anti-Money Laundering Authority (AMLA) to publish a full cost-benefit analysis.
Download the study bellow (PDF)
Read the full article on Rosemont International