Guidelines on risk factors and simplified and enhanced customer due diligence

Final and translated into the EU official languages

These Guidelines provide credit and financial institutions with the tools they need to make informed, risk-based and proportionate decisions on the effective management of individual business relationships and occasional transactions for anti-money laundering and countering the financing of terrorism purposes. They provide guidance on the factors firms should consider when assessing the money laundering and terrorist financing risk associated with a business relationship or occasional transaction and set out how credit and financial institutions can adjust the extent of their customer due diligence measures in a way that is commensurate to the money laundering and terrorist financing risk they have identified.

Press Release

Consultation Papers