Dirty Money: Bankers, Lawyers, Accountants Face Tougher Rules

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Professionals such as bankers, owners of currency or cryptocurrency exchanges, lawyers and accountants could end up in the dock, even facing prison sentences, if they turn a blind eye in transactions such as those for granting golden visas to foreign clients and fail to notify the authorities when they have even a suspicion that the sums involved, usually large, are the proceeds of money laundering.

This change is being introduced along with a series of other provisions, aiming to create a stronger legal framework to combat money laundering within the first months of 2027.

A separate chapter of the new framework includes a series of measures to quickly identify the real beneficial owners hiding behind corporate structures, often short-lived ones, and to put a stop to the creation of such “legal vehicles” fronted by “straw men” who pose as managers.