Changes on the horizon in Croatia: proposed amendments to AML Act suggest new approach to VASPs

🕑 4 minutes

Except for numerous anti-money laundering (AML) compliance requirements prescribed by the Croatian Act on the Prevention of Money Laundering and Funding of Terrorism, Croatian legislation does not specifically regulate virtual assets service providers. However, it seems that this approach is starting to change. An urgent legislative procedure regarding amendments to the Act is under way, which will soon reform the Croatian approach to virtual assets-related services.