News & insights

Revised Guidelines on ML/TF Risk Factors Released by EBA

Written by Insight & Partnership Team | Apr 10, 2023 2:15:00 PM

The revised guidelines:

  • Take into account changes made to the EU AML/CFT legal framework and new ML/TF risks identified;
  • Provide new guidance on ML/TF risk assessments, CDD for beneficial owners, and compliance with EDD obligations relating to high-risk third countries;
  • Incorporate new sectoral guidance on crowdfunding platforms, corporate finance, payment initiation services providers (PISPs), and account information service providers (AISPs), and for firms providing currency exchange office activities.