416. When assessing prudential implications of ML/TF risks for an investment firm cross-border …

When assessing prudential implications of ML/TF risks for an investment firm cross-border group, competent authorities should leverage the information obtained through bilateral engagements with relevant AML/CFT supervisors and through their participation in AML/CFT colleges²⁶ and prudential colleges.

²⁶ AML/CFT colleges as defined in the Joint guidelines on cooperation and information exchange for the purpose of Directive (EU) 2015/849 between competent authorities supervising credit and financial institutions (“The AML/CFT Colleges Guidelines”).

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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