News

Webcast - Compliance in the automotive trade

The topic of compliance and the requirements of the Money Laundering Act are still vastly underestimated by many companies in the car trade. Even transactions without a cash component, and even transactions that are processed via the car manufacturer's bank or a leasing company, are subject to the due diligence requirements of the GWG (German Anti-Money Laundering Act). Due to the current political situation, the topic of sanction control and the grey market is also taking center stage, which is placing a further focus on the automotive trade. COMDO GmbH, bezahl.de and Creditsafe have joined forces to emphasize the importance of this topic and provide practical recommendations for the industry.