Geldwaschegesetz in der Fassung des Gesetzes zur Verbesserung der Bekämpfung der Geldwäsche un der Bekämpfung der Finanzierung des Terrorismus (Geldwäschebekämpfungsgesetz) BGBl n° 57 Teil I vom 14/08/2002 Seite 3105

This legislation establishes the legal framework to prevent money laundering and combat the financing of terrorism within Germany. It aims to protect the integrity of the financial system by requiring the identification of customers and the reporting of suspicious financial transactions. The law primarily affects financial institutions, legal professionals, and other 'obliged entities' who must implement strict compliance measures to monitor and report illicit financial flows.