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Compliance Officers Playbook

Digital Euro Compliance: Implications of ECB Legal Decision 2025/2

30 Jan 2025

Description

This podcast episode discusses the European Central Bank's (ECB) Legal Decision 2025/2, outlining the legal framework for the digital euro. The decision's implications for compliance are significant, impacting data protection, anti-money laundering (AML) procedures, and cybersecurity. The podcast highlights key compliance challenges, such as balancing user privacy with transaction transparency for AML purposes, and maintaining robust cybersecurity measures. Practical advice for compliance officers is offered, including reviewing data protection frameworks, preparing for enhanced KYC/AML obligations, and strengthening cybersecurity protocols. Finally, the episode stresses the importance of staying informed about future policy changes and collaborating with regulators

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