Business obligations, registers and licences · Czechia and Slovakia
AML obligations for businesses
Anti-money laundering law does not apply only to banks. An estate agency, accountant, dealer in high-value goods or corporate services provider can also be an obliged entity. We begin by properly assessing whether you fall within that category. If you do, we prepare an internal AML programme, customer identification procedures and training that will stand up to inspection. If you do not, we say so plainly.
- Assessment before documentation
- Slovak and Czech rules handled by one firm
- Prices agreed upfront
What we'll do for you
We start with an assessment that has its own price and a clear deliverable. Documentation is prepared only once it is clear you need it, with the scope tailored to your activities.
Select an item to see the details.
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Assessing obliged entity status
We review your registered and actual activities and provide a written assessment of whether, and to what extent, you are an obliged entity under Slovak or Czech AML law.
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Internal AML programme
A mandatory internal policy tailored to your activities — risk assessment, customer identification and verification procedures, transaction assessment, reporting of unusual transactions and designation of a responsible person.
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KYC procedures and beneficial ownership
Practical procedures for identifying customers and tracing ownership structures to the beneficial owner, including templates and forms your team will actually use.
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Employee training
Statutory training for staff involved in transactions, delivered clearly with examples from your business and a record of completion.
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Inspection support
Preparation for inspections, communication with authorities and remediation of findings, including representation in penalty proceedings if already underway.
Deliverablean assessment of obliged entity status and complete AML documentation ready for inspection
How it works
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- Assessmentday 0
We establish whether you are an obliged entity and which obligations apply. You receive a reasoned written assessment.
- Documentation
We prepare an internal AML programme and KYC procedures tailored to your activities.
- Implementation and training
We train the team and help put the procedures into practice — forms, records and reporting.
- Ongoing updatesas legislation changes
AML rules change frequently, so we keep your documentation up to date.
AML is not just a banking issue. Anti-money laundering law imposes obligations on a wide range of businesses, many of which do not realise this until an inspection arrives or their bank starts asking questions.
Our service begins with a proper assessment of whether, and to what extent, you are an obliged entity. We identify beneficial owners as an authorised person for the Register of Public Sector Partners. Tracing ownership structures is part of our practical work, not just theory.
No-obligation enquiry
Ready to start?
Send us an enquiry. We usually reply within 24 hours with a price confirmation and next steps. The first 30-minute consultation is free and commits you to nothing.
- 1Send your enquiry via this form
- 2Usually within 24 h you get a price confirmation and plan
- 3We start work only after your approval
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What clients ask
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How do I know whether I am an obliged entity?
The list of obliged entities is set out in Act No. 297/2008 Z. z., and in the Czech Republic in Act No. 253/2008 Sb. It ranges from financial institutions, estate agencies, accountants and tax advisers to traders accepting cash payments above the statutory threshold and corporate services providers. Actual activities matter, not the name of the trade licence. That is why the first step is a written, reasoned assessment you can rely on.
What must the internal AML programme contain?
A risk assessment of your activities; customer identification and verification procedures, including beneficial owners; rules for assessing and reporting unusual transactions; designation of a responsible person; and a training system. The law prescribes the content, but tailoring it to your actual operations makes it usable. A generic template will not withstand inspection.
Is a programme downloaded from the internet sufficient?
No. Inspecting authorities assess whether the programme reflects your specific activities and risks and whether it is followed in practice. A programme describing another company's activities can make your position worse during an inspection, showing that AML compliance exists only on paper.
We operate in Slovakia and the Czech Republic. Do we need two programmes?
Obligations are assessed under the law of the country where you operate. Slovak and Czech rules are similar but not identical. We prepare documentation for both countries with consistent procedures so the team works in the same way while the legal basis is correct in each country.
What happens if I fail to comply?
Sanctions for AML breaches can reach hundreds of thousands of euros and exceed that for serious breaches. In addition to fines, the decision may be published and some activities may lose their authorisation. The specific ranges depend on the breach and type of obliged entity. During the consultation, we explain those relevant to you.
Legal Q&A
Common questions on this topic
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Why does a lawyer examine beneficial ownership when authorising an agreement?
When authorising, a lawyer is an obliged entity under Act No. 297/2008 Coll. and must perform customer due diligence, including beneficial owner identification and verification, ownership structure checks, sanctions screening and politically exposed person checks. If ownership cannot be established or the client refuses cooperation, the lawyer cannot proceed. Prepare an ownership structure traced through to specific individuals.
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When does a company need NBS authorisation to lend money?
It depends on whom you lend to and where the money comes from. Lending your own funds to another company does not require National Bank of Slovakia authorisation; offering and providing consumer credit does. Since 2024, trading in non-performing bank loans has also had its own licensing regime: only a licensed credit servicer may service them for a purchaser. Raising lending funds from the public crosses another regulatory boundary.
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We want to change the authorised person in the Register of Public Sector Partners. How does it work?
The change is always a replacement, because the register allows only one authorised person. You sign a written agreement with the new person, who verifies the beneficial owners afresh, prepares a verification document and electronically applies to register the change; the law does not require cooperation from the former person. However, if the former person requested their own removal, you must secure a replacement within 30 days of removal. After that period the other contracting party may withhold payments and, if the delay exceeds 30 days, withdraw from the contract.
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Further reading
AML amendment: goAML registration by 30 November 2026 and stricter beneficial owner verification
AML amendment Act No. 73/2026 Z. z. has applied since 1 June 2026. Existing obliged entities must register in the Financial Intelligence Unit’s goAML system by 30 November 2026 (new ones within 30 days) and must not rely solely on the register of legal entities when verifying beneficial owners.
Read more →
MiCA CASP authorisation: preparing your application to NBS
Crypto-asset services in the EU require CASP authorisation (selected financial institutions operate on the basis of a notification), and Slovakia’s transitional period for former crypto trade licences ended on 30 December 2025. Delegated Regulation (EU) 2025/305 defines the NBS application requirements, and after each notified change to the application information the assessment period starts to run anew.
Read more →
Stablecoins in business: when CASP authorisation is not enough and payment authorisation is needed
Electronic money tokens are funds for payment regulation purposes. EBA recommends not treating the exchange of stablecoins as a payment service, but transferring them for clients can be one, including between the same client’s accounts. For now, EBA’s approach indicates where CASP ends and PSD2 begins.
Read more →