10. In Guideline 1.7, the following point is added: ‘d) Where the firm is launching new products …

In Guideline 1.7, the following point is added:

‘d) Where the firm is launching new products, services, or business practices, or significantly changing them, including where it introduces a new delivery channel, or adopts an innovative technology as part of its AML/CFT systems and controls framework, it should assess the ML/TF risk exposure prior to the launch of these products, services or business practices. Where these products, services or business practices have a significant impact on the firm’s ML/TF risk exposure, the firm should reflect this assessment in its business-wide risk assessment carried out in accordance with Artic le 8(2) of Directive (EU) 2015/849 and its policies and procedures.’

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.