Anti-Money Laundering and Financial Sanctions
Legal Excellence
German anti-money laundering and sanctions law has become significantly more relevant in recent years. In the area of anti-money laundering law, market participants have been exposed to continuously increasing requirements, not only from a legal perspective, which will probably reach a temporary peak with Directive (EU) 2024/1640 (AMLD 6) and Regulation (EU) 2024/1624 (AMLR) in July 2026. On the regulatory side, BaFin now requires a very high standard of compliance and in some cases imposes severe sanctions on banks and securities institutions if the authority deems the measures implemented to be inadequate. In the area of sanctions law, the Russia sanctions in particular have posed considerable challenges for market participants, not only due to their scale, but also due to the strong business and personal ties between Germany/Europe and Russia. Regulation (EU) No. 833/2014 and Regulation (EU) No. 269/2014, among others, have been significantly stricter since 2022 and affect banks, securities institutions, other companies and private individuals at various levels. The German law firm Kronsteyn is your partner in solving legal matters in German and European anti-money laundering and financial sanctions law.
Kronsteyn is your partner for legal matters in money laundering and sanctions law - as legal advisor in structural matters and as legal representative before authorities and courts.
Legal Services
The law firm Kronsteyn provides legal advice on anti-money laundering and financial sanctions law and represents clients before authorities and in judicial proceedings. Our range of services includes, among others:
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Preparing legal opinions and expert reports on anti-money laundering and financial sanctions law
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Drafting and reviewing contracts (e.g., outsourcing and cooperation agreements) as well as clauses for general terms and conditions (GTC)
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Liaising with authorities such as the European Council, BaFin, Deutsche Bundesbank, and BAFA, and representing clients in application and objection procedures—for example, applying for an exemption from financial sanctions to release funds or seeking removal from an EU sanctions list
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Representing clients in proceedings before the General Court of the European Union (EGC) as well as German civil and administrative courts
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Reviewing, revising, and providing internal policies (e.g., internal AML/CTF and sanctions policies)
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Conducting employee training on current topics in anti-money laundering and financial sanctions law
