20. In Guideline 8.6, point d) is replaced by the following: ‘d) The respondent conducts …

In Guideline 8.6, point d) is replaced by the following:

‘d) The respondent conducts significant business with sectors that are associated with higher levels of ML/TF risk. For example, the respondent conducts:

• i. significant remittance business;
• ii. business on behalf of certain money remitters or exchange houses;
• iii. business on behalf of or with providers of crypto-assets services, other than CASPs regulated under Regulation (EU) 2023/1114³ , which are bound by an AML/CFT regulatory and supervisory regime that is less robust than the regime envisaged in Directive (EU) 2015/849 or are not subject to any AML/CFT obliga-tions;
• iv. significant business on behalf of CASPs, for which the business model is focused on providing products and services described in Guideline 21.3(d);
• v. business with non-residents; or
• vi. business in a currency other than that of the country in which it is based. ’

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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