Anti Money Laundering legislation: D.Lgs 25.05.2017 n. 90 approved

The D.Lgs 25.05.2017 n.90 was approved and published on the 19.06.2017 Gazzetta Ufficiale.The italian national law mesures – trasposing the reporting obligations set out in Directive (UE) 2015/849 – will enter into force on the fourth of july.
The news set out, mainly involves: increasing of the administrative sanctions; increasing number of the “politically exposed person”; more power for the Direzione Antimafia and the creation of “beneficial owner register”.