37. Credit and financial institutions should set out in their policies and procedures how they will …

Credit and financial institutions should set out in their policies and procedures how they will adjust their documentation requests for the purposes of financial inclusion. Where weaker or non-traditional forms of documentation are accepted as a result, credit and financial institutions should carry out in addition to measures as set out in paragraph 4.10 of the EBA Risk Factors Guidelines, controls or increased human intervention to satisfy themselves that they understand the ML/TF risk associated with the business relationship.

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/