44. In order to develop a good understanding of the inherent risk factors applicable to subjects of …

In order to develop a good understanding of the inherent risk factors applicable to subjects of assessment, competent authorities should gather information from various sources that includes, but is not limited to, the information relating to:

• a) the ownership and corporate structure of the subjects of assessment, taking into account whether the subject of assessment is a foreign or domestic credit institution or financial institution, parent company, subsidiary, branch or other kind of establishment, and the level of complexity and transparency of its organisation and structure;
• b) the reputation and integrity of senior managers, members of the management body and qualifying shareholders;
•  A1
• c) the nature and complexity of the products and services provided and the type of transactions carried out;
•  O
• d) the delivery channels used, including the provision of services through non-face-to-face channels and the use of agents or intermediaries;
• e) the types of customers serviced by the subject of assessment and the level of risk associated with those customers, including customers that are politically-exposed persons (PEPs) and those assessed as presenting heightened ML/TF risk according to the subject of assessment ’s risk assessment methodology;
•  A1
• f) the geographical area of the business activities, in particular where they involve high-risk third countries¹⁴ , including, where applicable, the countries of origin or establishment of a significant part of the subject of assessment’s customers and the geographical links of its qualifying shareholders or beneficial owners;
•  O
• g) the authorisations, licensing or passporting by the subject of assessment.

¹⁴ EBA Guidelines on customer due diligence and the factors credit and financial institutions should consider when assessing the money laundering and terrorist financing risk associated with individual business relationships and occasional transactions (‘The ML/TF Risk Factors Guidelines’) under Articles 17 and 18(4) of Directive (EU) 2015/849, EBA/GL/2021/02.

1. Übersicht

1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

3. Zugehörige Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/