Using a company principal service for your Estonian company can save time, money and effort needed to manage your business from abroad. This is because issuing notarized documents to carry out actions locally cannot be performed without visiting Estonia or with an e-Residency card.
Since the introduction of the European Union’s General Data Protection Regulation (GDPR), the need to have a separate Data Protection Officer in Estonia and elsewhere in the EU became evident.
The AML Compliance Academy provides high quality and globally recognized qualifications to professionals, executives, and companies in the areas of anti-money laundering, financial crime, risk & governance, know-your-client (KYC), and customer due diligence (CDD) and which can be obtained completely online.
As you might have read from our summary of the national AML risk assessment report, Estonia is exposing itself to high-risk levels of money laundering activities. Therefore, the local government has been and continues to make regulatory changes to ensure that the local business environment is less susceptible to money laundering.
The financial sector, especially in Estonia, is an area where regulatory changes are being made at quite a fast pace due to innovations like virtual currencies, new ways of financing businesses, and new ways of moving assets.
The money laundering and terrorism financing prevention government committee approved at its scheduled meeting, on 28 April, the national AML risk assessment (NRA) report.
An update about the planned changes in Estonian law concerning cryptocurrency and crowdfunding services.
