Hellenic Financial Intelligence Unit
The Hellenic FIU receives and analyses reports of suspicious transactions and forwards findings to the prosecutor's office, alongside other enforcement agencies.
Southern Europe · Country coverage
AML/CTF Compliance in Greece
Greece regulates AML/CTF through the Bank of Greece, the Hellenic FIU, and Law 4557/2018. See the obligations and how MemberCheck supports them.
Last updated
Screening coverage for Greece
- Sanctions & PEP screening
- Adverse media checks
- Customer identity verification
- Jurisdiction risk checks
- Ongoing monitoring
Key facts
AML supervisor / FIUHellenic Financial Intelligence Unit (Bank of Greece supervises)
FATF statusFATF member
Primary legislationLaw 4557/2018
Overview
AML/CTF compliance in Greece.
Greece regulates AML/CTF through the Bank of Greece, which supervises the institutions under its remit, and the Hellenic Financial Intelligence Unit, which receives and analyses suspicious transaction reports and forwards findings to the prosecutor's office. As an EU member state, Greece transposes the EU Anti-Money Laundering Directives into national law.
Under Law 4557/2018, credit and financial institutions and a range of designated businesses must implement AML compliance programmes, apply customer due diligence, screen against OFAC and other government lists, keep records, and report suspicious transactions immediately to the Hellenic FIU.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Regulation
All solutions →Key laws and regulators.
Bank of Greece
The authority responsible for supervising compliance with the AML/CTF framework by the institutions under its supervision, monitoring the adequacy and effectiveness of their procedures.
EU AML Directives
As an EU member state, Greece transposes the EU Anti-Money Laundering Directives into national law, aligning customer due diligence and reporting duties with the wider EU framework.
Law 4557/2018
Greece's principal AML statute. It sets customer due diligence and reporting obligations for credit and financial institutions and a range of designated businesses and professions.
Obligations
What regulated businesses must do.
- Implement AML compliance programmes and follow supervisory guidance
- Apply customer due diligence as prescribed by Law 4557/2018
- Screen against OFAC and other government lists
- Meet record-keeping requirements
- Report suspicious transactions immediately to the Hellenic FIU
- Provide staff guidance and training
1,000+
Global watchlists screened
<1s
Average screening response
24h
Watchlist refresh cycle
195
Countries covered
FAQ
Common questions.
Who supervises AML/CTF in Greece?
The Bank of Greece supervises compliance by the institutions under its remit, while the Hellenic Financial Intelligence Unit receives and analyses suspicious transaction reports.
What is the main AML law in Greece?
Law 4557/2018 is Greece's principal AML statute, setting customer due diligence and reporting obligations and transposing the EU Anti-Money Laundering Directives.
Is Greece a member of FATF?
Yes. Greece is a member of the Financial Action Task Force and an EU member state that aligns its AML/CTF regime with the FATF 40 Recommendations.
How does MemberCheck support AML compliance in Greece?
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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