Guideline 9: Scope of mutual assistance

9.1 Permanent members and, where this is foreseen in the terms of participation annexed to the AML/CFT cooperation agreement, observers should provide each other with the fullest mutual assistance in any matters relevant to the AML/CFT supervision or AML/CFT-related aspects of the prudential supervision of the firm operating on a cross-border basis or EU establishments for which the AML/CFT college has been established. Mutual assistance includes cooperation and information exchange in relation to the firm operating on a cross-border basis, the cross-border establishment or the EU establishment, to the extent that such information exchange is permitted by the applicable legislation while having reference to Article 50a and Article 57a(4) of the AMLD, in relation to, but not limited to:

• (a) the supervision of that firm, the cross-border establishment or the EU establishment in line with the Risk-Based Supervision Guidelines, in particular:
• (i) when testing the application of AML/CFT policies and procedures, including the application of group-wide AML/CFT policies and procedures, where applicable;
• (ii) when issuing findings related to failures to comply with the group-wide AML/CFT policies and procedures, where applicable;
• (iii) when carrying out on-site inspections;
• (iv) the ML/TF risk profile;
• (b) the conduction of (joint) on-site inspections in another Member State;
• (c) the examination of suspected, attempted or committed breaches of AML/CFT obligations or shortcomings in the internal governance arrangements;
• (d) sanctions or measures imposed, for example when considering the impact of sanctions for breaches of AML/CFT obligations; and
• (e) emerging or crystallised ML/TF risks.

1. Yleiskatsaus

1.1 Viittaukset

1.2 Tunnistetut vaatimukset

1.3 Liittyvät standardit

2. Tunnistetut vaatimukset

3. Liittyvät standardit

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