+20. Credit and financial institutions’ policies and procedures should, where permitted by national …

20. Credit and financial institutions’ policies and procedures should, where permitted by national …

Credit and financial institutions’ policies and procedures should, where permitted by national law, include options and criteria on adjusting the features of products or services offered to a given customer on an individual and risk-sensitive basis. These should include the following options:

a.offer payment accounts with basic features, where a credit institution is obliged to offer such accounts under the national transposition of Di-rective 2014/92/EU; or
b.impose targeted restrictions on financial products and services, such as the amount, the type or the number of transfers or the amount of trans-actions to and from third countries, in particular where these third coun-tries are associated with higher ML/TF risk, where permitted under na-tional law.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

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.