+Guidelines on ML/TF risk factors (EBA/GL/2024/01)
---+1. Compliance and reporting obligations
------+Status of these Guidelines
---------+1. This document contains Guidelines issued pursuant to Article 16 of Regulation (EU) No 1093/2010 …
---------+2. Guidelines set the EBA ’s view of appropriate supervisory practices within the European System …
------+Reporting requirements
---------+3. According to Article 16 (3) of Regulation (EU) No 1093/2010, competent authorities must notify …
---------+4. Notifications will be published on the EBA website, in line with Article 16 (3). 1 Regulation …
---+2. Subject matter, scope and definitions
------+Addressees
---------+5. These Guidelines are addressed to credit institutions and financial institutions as defined in …
---+3. Implementation
------+Date of application
---------+6. These Guidelines apply from 30 December 2024. 13
---+4. Amendments
------+(i) Amendment to the title of the Guidelines
---------+7. The title of the Guidelines is replaced by the following: ‘Guidelines EBA/2021/02 on customer …
------+(ii) Amendments to subject matter, scope and definitions
---------+8. In paragraph 12, the introductory phrase is replaced by the following: ‘Unless otherwise …
---------+9. In paragraph 12, point (f) and point (m) are deleted.
------+(iii) Amendments to Guideline 1: Risk assessments: key principles for all firms
---------+10. In Guideline 1.7, the following point is added: ‘d) Where the firm is launching new products …
------+(iv) Amendments to Guideline 2: Identifying ML/TF risk factors
---------+11. In Guideline 2.4, point b) is replaced by the following: ‘b) Does the customer or beneficial …
------+(v) Amendments to Guideline 4: CDD measures to be applied by all firms
---------+12. In Guideline 4.29, the introductory phrase is replaced by the following: ‘4.29 To perform their …
---------+13. Guideline 4.35 is replaced by the following: ‘4.35 Where the external provider is a firm …
---------+14. In Guideline 4.60, point a) is replaced by the following: ‘a) they differ from the transactions …
---------+15. In Guideline 4.61, point a) is replaced by the following: ‘a) taking reasonable and appropriate …
---------+16. In Guideline 4.74, point b) is replaced by the following: ‘ b) Whether they will monitor …
---------+17. In Guideline 4.74, the following point is added: ‘d) whether the use of advanced analytics …
------+(vi) Amendments to Guideline 6: Training
---------+18. In Guideline 6.2, point c) is replaced by the following: ‘c) How to recognise suspicious or …
---------+19. In Guideline 6.2, the following point is added: ‘d) How to use automated systems, including …
------+(vii) Amendments to Guideline 8: Sectoral Guideline for correspondent relationships
---------+20. In Guideline 8.6, point d) is replaced by the following: ‘d) The respondent conducts …
---------+21. In Guideline 8.6, the following point is added: 3 Regulation (EU) 2023/1114 on markets in …
---------+22. In Guideline 8.8, the following point is added: ‘d) The respondent is unable to verify with a …
---------+23. In Guideline 8.17, point a) and point c) are replaced by the following: ‘a) Gather sufficient …
------+(viii) Amendments to Guideline 9: Sectoral Guideline for retail banks
---------+24. Guideline 9.3 is replaced by the following: '9.3. Banks should consider the following risk …
---------+25. Guideline 9.16 is replaced by the following: ‘9.16 Where a bank’s customer opens a …
---------+26. Guideline 9.17 is replaced by the following: ‘9.17 Where a bank has determined , based on its …
---------+27. In Guideline 9.18, the introductory phrase is replaced by the following: ‘9.18. However, to the …
---------+28. The heading of Guidelines 9.20 to 9.24 is replaced by the following: ‘Customers that offer …
---------+29. Guidelines 9.20 to 9.23 are deleted.
---------+30. The following Guidelines 9.20 and 9.21 are inserted: ‘9.20 When entering into a business …
------+(ix) Amendments to Guideline 10: Sectoral guideline for electronic money issuers
---------+31. Guideline 10.2 is replaced by the following: ‘ 10.2. Firms that issue e-money should consider …
------+(x) Amendments to Guideline 15: Sectoral Guideline for investment firms
---------+32. Guideline 15.1 is replaced by the following: 19 ‘15.1. Investment firms as defined in Article …
------+(xi) Amendments to Guideline 17 Sectoral Guideline for regulated crowdfunding platforms
---------+33. In Guideline 17.4, point i) is replaced by the following: ‘ i). The CSP allows the use of …
---------+34. In Guideline 17.6, point b) is replaced by the following: ‘ b) The investor or the project …
---------+35. The following Guideline 21 is inserted:
------+(xii) ‘ Guideline 21: Sectoral Guideline for crypto-asset services providers (CASPs)
------+Risk factors
------+Measures
 English - European Union - Financial Industry -

Guidelines on ML/TF risk factors (EBA/GL/2024/01)

Guidelines on ML/TF risk factors (EBA/GL/2024/01)

https://www.eba.europa.eu/legacy/regulation-and-policy/regulatory-activities/anti-money-laundering-and-countering-financing-1 – PDF

1. Overview

,
1. Compliance and reporting obligations

1. Compliance and reporting obligations
2. Subject matter, scope and definitions

2. Subject matter, scope and definitions
3. Implementation

3. Implementation
4. Amendments

4. Amendments

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

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