48. Competent authorities should consider adjusting the level and frequency of information …

Competent authorities should consider adjusting the level and frequency of information requested from subjects of assessment based on the risk level associated with the sector or subsector to which the subject of assessment belongs. This means that information related to the sectors that are exposed to more significant levels of ML/TF risks may be collected more frequently than sectors with less significant levels of risk. When determining the level and frequency of the information requests, competent authorities should consider:

• a) whether some of the information requested is available to the competent authority from other sources, including prudential supervisors, to reduce the duplication of information requests;
• b) the purpose for which the information will be used. If the information is requested to inform the competent authority’s assessment of risks associated with a subject of assessment or the sector, then the competent authority should consider aligning the frequency of information requests with the frequency of updates to the risk assessment;
• c) whether there have been any significant changes to the level of ML/TF risk associated with the subject of assessment or the sector, which would indicate the need for more frequent information requests.

1. Oversigt

1.1 Referencer

1.2 Identificerede krav

1.3 Relaterede standarder

2. Identificerede krav

3. Relaterede standarder

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