73. The outsourcing of tasks related to AML/CFT to service providers established in third countries …

The outsourcing of tasks related to AML/CFT to service providers established in third countries should be subject to additional safeguard measures in order to ensure that the outsourcing does not, as a result of the location of the service provider, increase the risk of non-compliance with the legal and regulatory requirements or of inefficient performance of the outsourced tasks, nor hinders the competent authority’s capacity to effectively exercise its supervisory power with regard to the service provider.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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