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On 28 October 2026, the Federal Ministry of Finance published the draft bill <\/a><\/strong>on the new anti-money laundering law. The draft largely corresponds to the requirements of the 6th EU Anti-Money Laundering Directive (Directive (EU) 2024\/1640)<\/a><\/strong>, which must be transposed by 10 July 2027. The current Anti-Money Laundering Act (Geldw\u00e4schegesetz) is to be repealed and will in future be called the Money Laundering Combating Act (Geldw\u00e4schebek\u00e4mpfungsgesetz).<\/p>\n\n\n\n The following key changes are planned: <\/p>\n\n\n\n A cash payment limit of EUR 10,000 for commercial transactions will also be introduced. Breaches will be subject to fines.<\/p>\n\n\n\n The stricter rules come with more authorities and powers. A Central Coordination Office for AML Supervision will be set up at BaFin to coordinate the roughly 250 supervisory bodies. The FIU will receive more resources and powers, such as account monitoring and penalty payments, and must therefore appoint a so-called fundamental rights officer. The Transparency Register will require more mandatory information and may in future be inspected on site. In addition, obliged entities will have to register with their competent supervisory authority, which is also to be empowered to impose penalty payments.<\/p>\n\n\n\n Please note that, under section 45(1), second sentence, GwG, \u201cprivileged\u201d traders in goods are obliged to register with the FIU via the goAML <\/a><\/strong>portal by 1 January 2027.<\/p>\n\n\n\n The draft may still be amended up to 10 July 2027. Until then, the current legal situation applies. You should monitor these developments and adapt your compliance system. We will be happy to support you or train you on your new obligations<\/p>\n\n\n\n\n