76. With specific regard to innovative business models and/or delivery mechanisms, competent …

With specific regard to innovative business models and/or delivery mechanisms, competent authorities should also pay attention to the description of the innovative features of the envisaged services and products, including any potential increased exposure to ML/TF risk. In line with the proportionality and risk-based approach, competent authorities may consider reviewing the underlying explanation of the new product’s attractiveness, product pricing, structure and comparative advantage. Such a review should be coordinated and complemented with the target market analysis as described in section 7.2.3, and the potential impact of the external key indicators on the business strategy.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.