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GwG-EN

Anti-Money Laundering Act
GwG-EN · official text on eucite.com in-house translation

🇩🇪 Auf Deutsch lesen (original text)

This English text is a careful, terminology-researched translation prepared by eucite.com — not an official government translation. The German original linked above is the legally authoritative text.

Sections

Division 1 Definitions, Obliged Entities and the Risk-Based Approach

• Section 1 — Definitions
• Section 2 — Obliged Entities; Authorisation to Issue Statutory Instruments
• Section 3 — Beneficial Owner
• Section 3a — Risk-Based Approach; National Risk Analysis

Division 2 Risk Management

• Section 4 — Risk Management
• Section 5 — Risk Analysis
• Section 6 — Internal Safeguards
• Section 7 — Anti-Money Laundering Officer
• Section 8 — Recording and Retention Obligations
• Section 9 — Group-Wide Obligations

Division 3 Customer Due Diligence Obligations

• Section 10 — General Due Diligence Obligations
• Section 11 — Identification; Collection of Information for the Purpose of Identification
• Section 11a — Processing of Personal Data by Obliged Entities
• Section 12 — Verification of Information for the Purpose of Identification; Authorisation to Issue Statutory Instruments
• Section 13 — Procedure for Verifying Information for the Purpose of Identification; Authorisation to Issue Statutory Instruments
• Section 14 — Simplified Due Diligence Obligations; Authorisation to Issue Statutory Instruments
• Section 15 — Enhanced Due Diligence Obligations; Authorisation to Issue Statutory Instruments
• Section 15a — Enhanced Due Diligence Obligations for the Transfer of Crypto-Assets to or from a Self-Hosted Address
• Section 16 — Special Provisions for Gambling on the Internet
• Section 16a — Prohibition of Cash Payment on the Acquisition of Real Property
• Section 17 — Performance of Due Diligence Obligations by Third Parties; Contractual Outsourcing

Division 4 Transparency Register

• Section 18 — Establishment of the Transparency Register and the Register-Keeping Body
• Section 19 — Information on the Beneficial Owner
• Section 19a — Information on Real Property
• Section 19b — Recording and Attribution of Real Property
• Section 20 — Transparency Obligations in Respect of Certain Associations
• Section 20a — Automatic Entry for Associations
• Section 21 — Transparency Obligations in Respect of Certain Legal Arrangements
• Section 22 — Accessible Documents and Data Transmission to the Transparency Register; Authorisation to Issue Statutory Instruments
• Section 23 — Inspection of the Transparency Register; Authorisation to Issue Statutory Instruments
• Section 23a — Reporting of Discrepancies to the Register-Keeping Body
• Section 23b — Reporting of Discrepancies in the Attribution of Real Property
• Section 24 — Fees and Expenses; Authorisation to Issue Statutory Instruments
• Section 25 — Transfer of Operation of the Transparency Register; Authorisation to Issue Statutory Instruments
• Section 26 — European System of Interconnection of Registers; Authorisation to Issue Statutory Instruments
• Section 26a — Retrieval by Certain Authorities

Division 5 Financial Intelligence Unit

• Section 27 — Central Reporting Office
• Section 28 — Tasks, Supervision and Cooperation
• Section 28a — Informing the German Bundestag
• Section 29 — Processing of Personal Data by the Financial Intelligence Unit
• Section 30 — Analysis of Reports and Information
• Section 31 — Right to Information from Domestic Public Bodies; Right of Data Access; Authorisation to Issue Statutory Instruments
• Section 32 — Obligation to Transmit Data to Domestic Public Bodies
• Section 32a — Transmission of Data to Europol
• Section 33 — Exchange of Data with Member States of the European Union
• Section 34 — Requests for Information in the Context of International Cooperation
• Section 35 — Transmission of Data in the Context of International Cooperation
• Section 36 — Automated Data Matching in the European Network
• Section 37 — Rectification, Restriction of Processing and Deletion of Personal Data from Automated Processing and Where Stored in Automated Files
• Section 38 — Rectification, Restriction of Processing and Destruction of Personal Data Neither Processed by Automated Means nor Stored in an Automated File
• Section 38a — Logging of Requests for Information; Statistics; Authorisation to Issue Statutory Instruments
• Section 39 — Establishment Order
• Section 40 — Immediate Measures
• Section 41 — Feedback to Obliged Entities and Authorities
• Section 42 — Notification by Domestic Public Bodies to the Financial Intelligence Unit

Division 6 Obligations Relating to the Reporting of Facts

• Section 43 — Reporting Obligation of Obliged Entities; Authorisation to Issue Statutory Instruments
• Section 44 — Reporting Obligation of Supervisory Authorities
• Section 45 — Form of the Report; Registration Obligation; Performance by Third Parties; Authorisation to Issue Statutory Instruments
• Section 46 — Execution of Transactions
• Section 47 — Prohibition on Disclosure of Information; Authorisation to Issue Statutory Instruments
• Section 48 — Exemption from Liability
• Section 49 — Access to Information and Protection of Reporting Employees

Division 7 Supervision, Cooperation, Regulatory Fine Provisions, Data Protection

• Section 50 — Competent Supervisory Authority
• Section 51 — Supervision; Authorisation to Issue Statutory Instruments
• Section 51a — Processing of Personal Data by Supervisory Authorities
• Section 52 — Cooperation Obligations; Authorisation to Issue Statutory Instruments
• Section 53 — Reports of Infringements
• Section 54 — Duty of Confidentiality
• Section 55 — Cooperation with Other Authorities
• Section 56 — Regulatory Fine Provisions
• Section 57 — Publication of Final Measures and Unappealable Regulatory-Fine Decisions
• Section 58
• Section 59 — Transitional Provision