An express trust or other arrangement having a similar structure or function, including fiducie and certain types of Treuhand and fideicomiso
Defined in / by
Last updated: 22 August 2026.
What does "Legal arrangement" mean under the AMLR?
An express trust or other arrangement having a similar structure or function, including fiducie and certain types of Treuhand and fideicomiso
Last updated: 22 August 2026.
The AMLR is Regulation (EU) 2024/1624. It applies from 10 July 2027 and is directly applicable, so from that date customer due diligence, beneficial ownership, reporting and internal controls come from EU law rather than national statute. Cash payments for goods and services are capped at €10,000. Football clubs and agents follow on 10 July 2029.
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