Lyudmyla Kozlovska’s Post

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Human rights, #Bitcoin and FreedomTech advocate

In the post-Trialogue version of #AMLR proposal Article (41a) “Unwarranted de-risking, non-discrimination and financial inclusion” was deleted. It was introduced by the European Parliament in 2023 as a result of the BTC Coalition's human rights advocacy campaign - our testimonials about the financial exclusion in the #EU as a result of transnational repression organised by the authoritarian regimes. Article (41a) was intended to prevent unwarranted de-risking by ensuring that credit and financial institutions have controls and procedures in place to avoid unjustified refusal or termination of business relationships with certain categories of customers. 4/5

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Seth Hertlein

Global Head of Policy at Ledger

8mo

The deletion of Article 41(a) is truly shameful and clearly demonstrates where the priorities of the Member States lie. No problem with a little de-risking, so long as their surveillance apparatus remains in place.

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