+SECTION 1 Internal policies, procedures and controls, risk assessment and staff
---+Article 9 Scope of internal policies, procedures and controls
------+Article 9 1
------+Article 9 2
------+Article 9 3
------+Article 9 4
---+Article 10 Business-wide risk assessment
------+Article 10 1
------+Article 10 2
------+Article 10 3
------+Article 10 4
---+Article 11 Compliance functions
------+Article 11 1
------+Article 11 2
------+Article 11 3
------+Article 11 4
------+Article 11 5
------+Article 11 6
------+Article 11 7
---+Article 12 Awareness of requirements
---+Article 13 Integrity of employees
------+Article 13 1
------+Article 13 2
------+Article 13 3
------+Article 13 4
---+Article 14 Reporting of breaches and protection of reporting persons
------+Article 14 1
------+Article 14 2
------+Article 14 3
---+Article 15 Situation of specific employees

SECTION 1 Internal policies, procedures and controls, risk assessment and staff

SECTION 1 Internal policies, procedures and controls, risk assessment and staff

1. Overview

,
Summary Regulation
Article 9 Scope of internal policies, procedures and controls -
Article 10 Business-wide risk assessment -
Article 11 Compliance functions -
Article 12 Awareness of requirements

Article 12

Awareness of requirements

Obliged entities shall take measures to ensure that their employees or persons in comparable positions whose function so requires, including their agents and distributors are aware of the requirements arising from this Regulation, Regulation (EU) 2023/1113 and any administrative act issued by any supervisor, and of the business-wide risk assessment, internal policies, procedures and controls in place in the obliged entity, including in relation to the processing of personal data for the purposes of this Regulation.

The measures referred to in the first paragraph shall include the participation of employees or persons in comparable positions, including agents and distributors, in specific, ongoing training programmes to help them recognise operations which may be related to money laundering or terrorist financing and to instruct them as to how to proceed in such cases. Such training programmes shall be appropriate to their functions or activities and to the risks of money laundering and terrorist financing to which the obliged entity is exposed, and shall be duly documented.

Article 13 Integrity of employees -
Article 14 Reporting of breaches and protection of reporting persons -
Article 15 Situation of specific employees

Article 15

Situation of specific employees

Where a natural person falling within any of the categories listed in Article 3, point (3) performs professional activities as an employee of a legal person, the requirements laid down in this Regulation shall apply to that legal person rather than to the natural person.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • Builddate: 19.06.2024 00:00:00 -Doknr: CELEX:32024R1624
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