Tiberghien Lawyers reposted this
🌍 On Tuesday, Sven Demeulemeester had the privilege of speaking at the 2024 European Club Association (ECA) Financial Sustainability Conference in Geneva. 💡 The fight against money laundering is vital to ensuring a sustainable future for European football. As European clubs prepare for the implementation of the new European Anti-Money Laundering (AML) Regulation and Directive, raising awareness about these critical legal developments is more important than ever. ⚖️ Since 2021, Belgium has applied AML rules to the football sector, and ATFIELD Sports Law has been guiding Belgian clubs through this complex and essential framework. Whereas, initially, existing AML rules were transposed to the sector of Belgian football without taking into account the specifics of the sector, additional finetuning of the rules in 2023 resulted in a workable legal framework. The Belgian AML practice can thus serve as a perfect example of how AML can work on a day-to-day basis in the football sector. 🙏 A special thank you to Hugo HAMON for inviting us to this important event, and to Thibault Dochy from RSC Anderlecht for offering a club perspective during the panel discussion. 📩 Do you have any questions about the AML regulations and their impact on European football? The ATFIELD team is here to help — contact us anytime! #ECA #AML #EuropeanFootball #FinancialSustainability #ATFIELD
