49. In addition, in situations where the risk of ML/TF associated with the institution or applicant …

In addition, in situations where the risk of ML/TF associated with the institution or applicant is increased, the prudential supervisor should also, where appropriate, seek information from financial intelligence units to inform their assessment of an application for a proposed acquisition or increase of qualifying holdings. This is particularly relevant in cases where there are reasonable grounds to suspect that money laundering or terrorist financing has been or is being committed or attempted or there is an increased risk thereof in connection with the institution or applicant and in particular in situations where information available raises suspicion about the legitimacy of the origin of the funds.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/