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Customer due diligence measures
Legal obligation
26/06/2017
Out of date
5
Valeur d'entreprise
What are the risks ?
Valeur d'entreprise : 4
Valeur d'entreprise : 4
Means
Obliged entities shall apply customer due diligence measures in the following circumstances:
  • (a) when establishing a business relationship;
  • (b) when carrying out an occasional transaction that:
    • (i) amounts to EUR 15 000 or more, whether that transaction is carried out in a single operation or in several operations which appear to be linked; or
    • (ii) constitutes a transfer of funds, as defined in point (9) of Article 3 of Regulation (EU) 2015/847 of the European Parliament and of the Council (30), exceeding EUR 1 000;
  • (c) in the case of persons trading in goods, when carrying out occasional transactions in cash amounting to EUR 10 000 or more, whether the transaction is carried out in a single operation or in several oper...Log in to see the rest ...




Exclusion
Obliged entities not to apply certain customer due diligence measures with respect to electronic money, where all of the
following risk-mitigating conditions are met:
Authority
Agence française anticorruption (AFA)
Responsible
Financial institutions
Credit institutions
Sources
Legal Sources
Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the Europe
Calculation in progress...