The Dutch government has made legislative proposals to tighten the AML regime in the country.
Such proposals include:
final implementation of the beneficial ownership register.
a ban on the payment of luxury goods worth over EUR €3,000 from 2021.
ban on the use of EUR €500 banknotes.
the introduction of the regulation in relation to the activities of the cryptowallet suppliers and cryptocurrency exchanges.
disclosure of information about clients to financial institutions and investigative bodies.