Financial Crime Controls & GDPR

Financial‑crime controls (AML/CFT and KYC) require intensive identity verification, screening and transaction monitoring. GDPR requires lawful, fair, transparent and minimized personal data processing.

These objectives are compatible, but only if you choose the right lawful basis, keep data strictly necessary, and document decisions.

This guide sets out a practical playbook rooted in the latest EU AML package (2024) and recent data‑protection guidance.