Anti-Money Laundry laws exist for quite some time yet they are barely being applied correctly. In the EU where it became law since 2016 for every real estate professional, it's estimated that only less than 10% of Real Estate businesses are compliant. To tackle this issue, a revision of this European law is being completed and rolled out on 1/1/2025. Hence the European Commission is one of the most important stakeholders to a European compliance solution.
To enable compliance to this law, which is changing from being a Directive to a Regularisation this year, CEPI commissioned OptimaSys in an exclusive agreement to develop, issue, and maintain the first European Anti-Money Laundry tool, which is expected to be introduced by the start of 2025. This initiative, both driven by CEPI and the EU, will enable businesses to comply and avoid legal issues with serious financial consequences.
AML 
