27. Where the functions of the AML/CFT compliance officer are to be entrusted to an officer or …

Where the functions of the AML/CFT compliance officer are to be entrusted to an officer or employee who already has other duties or functions within the credit or financial institution, the management body should identify and consider possible conflicts of interest and take the steps necessary to avoid or, where this is not possible, manage these. The management body should ensure that that person can allocate sufficient time to the functions of AML/CFT compliance officer.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  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.