68. Consistently with paragraph 13, competent authorities should assess the exposure to ML/FT risks …

Consistently with paragraph 13, competent authorities should assess the exposure to ML/FT risks resulting from the applicant credit institution’s business plan. For this purpose, competent authorities should in particular assess whether the sectors, activities, products, target customers, geography and distribution channels present a higher level of ML/TF risk.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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