171. Without prejudice to national law implementing Directive 2015/849/EU, institutions should …

Without prejudice to national law implementing Directive 2015/849/EU, institutions should assign the responsibility for ensuring the institution’s compliance with the requirements of that directive and the institution ’ s policies and procedures to a staff member (e.g. head of compliance). Institutions may establish a separate AML/TF compliance function as an independent control function.⁴⁴ The person responsible for AML/CTF should, where necessary, be able to directly report to the management body in its management and its supervisory function.

⁴⁴ Please refer also to the EBA Guidelines on the AML/CTF compliance function (currently under development)

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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