The Challenge

The 5th Money Laundering Directive (5MLD) will take effect on 10th January 2020. It will address several weaknesses in the European Union’s AML/CFT regime that have come to light since the enactment of the 4th Money Laundering Directive (4MLD). The impact of the directive for financial institutions will be far-reaching.

In 2019 – 2020, EU countries will pass laws that introduce the 5MLD into their respective national laws. Now is the time for your organization to invest in improving and optimizing your existing AML solutions to meet the increased challenges and regulator demands before it’s too late. 

During this webinar, Matrix-IFS and Pitney Bowes will explore the challenges that derive from the 5MLD and offer an affordable solution that is based on the institution’s existing AML system.

Topics covered:

• About the 5MLD and its implication on financial institutions
• Challenges faced by financial institutions with respect to the 5MLD
• Trends in technology: how a relationship based approach improves AML Compliance and reduces cost, enabling Financial Institutions to find, like, contextualize & visualize complex relationships across parties, accounts, and transactions.