Cipcic – Bragadin Mesic and Associates advises a new client Revolut on various AML obligations and responsibilities. Revolut holds a position as a registered Virtual Asset Service Provider in Croatia.

Advisory included advising on matters such as

• Preparation of risk assessment regarding money laundering and terrorist financing;
• Establishing policies, controls and procedures to effectively reduce and effectively manage the risks of money laundering and terrorist financing;
• Customer Due diligence (activities, simplified CDD, enhanced CDD etc.)
• Storage and protection of data and keeping records of data
• Suspicious Activity Reporting.
• Restriction Measures and sanctions list screening.

About Revolut.

Revolut Group Holdings Ltd, known as Revolut, is a global financial technology company headquartered in London and founded in July 2015. As of 2025, Revolut operates in over 48 countries and has 65 million customers. The bank offers free and subscription-based digital banking services, primarily through a mobile app. Banking services include bank accounts, debit cards, credit cards, currency exchange with over 25 fiat currencies, stock trading, cryptocurrency exchange and peer-to-peer payments. Revolut’s mobile app supports spending and ATM withdrawals in 120 currencies and transfers in 36 currencies.

(Source; Wikipedia; photos: copyright Revolut)