AML/KYC across saved source records.

Matched: anti-money, money laundering — …internal control mechanisms and procedures to ensure compliance with the obligations in relation to the prevention of money laundering and terrorist financing under Directive (EU) 2015/849; (h) the identity of the members of the management body of the applicant issuer; (i) proof that the persons referred to in point (h) are of sufficiently good…

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Matched: anti-money, money laundering — …in Article 19. During the assessment process, competent authorities may cooperate with competent authorities for anti-money laundering and counter-terrorist financing, financial intelligence units or other public bodies. 3. The assessment period under paragraphs 1 and 2 shall be suspended for the period between the date of request for missing…

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Matched: money laundering — …financial stability, the smooth operation of payment systems, or exposes the issuer or the sector to serious risks of money laundering and terrorist financing. 3. EBA and ESMA shall, by 30 June 2024, jointly issue guidelines in accordance with Article 16 of Regulation (EU) No 1093/2010 and Article 16 of Regulation (EU) No 1095/2010, respectively,…

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Matched: money laundering — …financial stability, the smooth operation of payment systems or exposes the issuer or the sector to serious risks of money laundering and terrorist financing. The issuer of the asset-referenced token shall notify its competent authority of any of the situations referred to in the first subparagraph, points (e) and (f). 2. Competent authorities…

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Matched: money laundering — …applicable, the distribution of the asset-referenced tokens to the public; (i) the complaints-handling procedures; (j) the money laundering and terrorist financing risk assessment and general policies and procedures related thereto. Issuers of asset-referenced tokens shall notify the competent authority of their home Member State at least 30 working…

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Matched: money laundering — …collectively, to perform their duties. In particular, they shall not have been convicted of offences relating to money laundering or terrorist financing or of any other offences that would affect their good repute. They shall also demonstrate that they are capable of committing sufficient time to effectively perform their duties. 3. The…

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Matched: money laundering — …this Title; (e) whether there are reasonable grounds to suspect that, in connection with the proposed acquisition, money laundering or terrorist financing within the meaning of, respectively, Article 1(3) and (5) of Directive (EU) 2015/849 is being or has been committed or attempted, or that the proposed acquisition could increase the risk…

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Matched: money laundering — …provisions of national law transposing Directive (EU) 2015/849; (ii) the risk assessment framework for the management of money laundering and terrorist financing risks; and (iii) the business continuity plan; (c) the technical documentation of the ICT systems and security arrangements, and a description thereof in non-technical language; (d) a description…

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Matched: anti-money, money laundering — …service provider’s internal control mechanisms, policies and procedures to identify, assess and manage risks, including money laundering and terrorist financing risks, and business continuity plan; (j) the technical documentation of the ICT systems and security arrangements, and a description thereof in non-technical language; (k) a description…

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Matched: anti-money, money laundering — …authorisation as a crypto-asset service provider, competent authorities: (a) may consult the competent authorities for anti-money laundering and counter-terrorist financing, and financial intelligence units, in order to verify that the applicant crypto-asset service provider has not been the subject of an investigation into conduct relating to…

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Matched: anti-money, money laundering — …specified timeframe; (f) fails to have in place effective systems, procedures and arrangements to detect and prevent money laundering and terrorist financing in accordance with Directive (EU) 2015/849; (g) has seriously infringed this Regulation, including the provisions relating to the protection of holders of crypto-assets or of clients of…

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Matched: money laundering — …members of the management body of crypto-asset service providers shall not have been convicted of offences relating to money laundering or terrorist financing or of any other offences that would affect their good repute. They shall also demonstrate that they are capable of committing sufficient time to effectively perform their duties. 2. Shareholders…

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Matched: money laundering, customer due diligence — …operating rules for the trading platform. Those operating rules shall at least: (a) set the approval processes, including customer due diligence requirements commensurate to the money laundering or terrorist financing risk presented by the applicant in accordance with Directive (EU) 2015/849, that are applied before admitting crypto-assets to the…

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Matched: anti-money, money laundering — …purposes of the assessment referred to in paragraph 4, the competent authority may consult the competent authorities for anti-money laundering and counter-terrorist financing and financial intelligence units and shall duly consider their views. 6. When performing the assessment referred to in paragraph 4, the competent authority may request from…

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Matched: money laundering — …this Title; (e) whether there are reasonable grounds to suspect that, in connection with the proposed acquisition, money laundering or terrorist financing within the meaning of, respectively, Article 1(3) and (5) of Directive (EU) 2015/849 is being or has been committed or attempted, or that the proposed acquisition could increase the risk…

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Matched: money laundering — …(b) in collaboration with other authorities, including authorities competent for the prevention and fight against money laundering and terrorist financing; (c) under their responsibility, by delegation to the authorities referred to in point (b); (d) by application to the competent courts. 6. Member States shall ensure that appropriate measures…

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Matched: anti-money, money laundering, customer due diligence — …availability of data in that respect; (i) a mapping of the geographical location and level of know-your-customer and customer due diligence procedures of unauthorised exchanges providing services in crypto-assets to Union residents, including the number of exchanges without a clear domiciliation and the number of exchanges located in jurisdictions…

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Matched: money laundering — …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 European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive…

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Matched: anti-money, money laundering — …Member States concerning the taxes referred to in Article 2 as well as VAT, other indirect taxes, customs duties and anti-money laundering and countering the financing of terrorism.’ ; (b) in paragraph 2, the following subparagraph is added: ‘The competent authority that receives information and documents may also use the received information…

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Matched: kyc, aml — …Accounts and whenever it is required to update the information relating to the Pre-existing Account pursuant to domestic AML/KYC Procedures.’; (c) the following paragraph is added: ‘F. Notwithstanding subparagraph A(5), point (b), and unless the Reporting Financial Institution elects otherwise with respect to any clearly identified group of accounts,…

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Matched: anti-money, money laundering, customer due diligence — …information obtained by the Reporting Crypto-Asset Service Provider, including any documentation collected pursuant to Customer Due Diligence Procedures. 2. If at any point there is a change of circumstances with respect to an Individual Crypto-Asset User that causes the Reporting Crypto-Asset Service Provider to know, or have reason to know,…

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Matched: aml — …participants, meaning the value is subjective and based only on the interest of the purchaser of the crypto-asset. By streamlining capital-raising processes and enhancing competition, offers of crypto-assets could allow for an innovative and inclusive way of financing, including for small and medium-sized enterprises (SMEs). When used as a means…

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Matched: anti-money, money laundering — …scope of Union legislative acts on financial services. At present, there are no rules, other than those in respect of anti-money laundering, for the provision of services related to such unregulated crypto-assets, including for the operation of trading platforms for crypto-assets, the exchange of cryptoassets for funds or other crypto-assets,…

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Matched: anti-money, money laundering — …services. Any legislative act adopted in the field of crypto-assets should also contribute to the objective of combating money laundering and terrorist financing. For that reason, entities offering services falling within the scope of this Regulation should also comply with applicable anti-money laundering and counter-terrorist financing rules of…

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Matched: money laundering — …issuers should be fit and proper and should, in particular, not have been convicted of any offence in the field of money laundering or terrorist financing or of any other offence that would affect their good repute. The shareholders or members, whether direct or indirect, natural or legal persons, that have qualifying holdings in such issuers,…

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Matched: anti-money, money laundering — (77) In order to ensure the continued protection of the financial system of the Union against the risks of money laundering and terrorist financing, it is necessary to ensure that crypto-asset service providers carry out increased checks on financial operations involving customers and financial institutions from third countries listed…

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Matched: money laundering — …providers should be fit and proper and should, in particular, not have been convicted of any offence in the field of money laundering or terrorist financing or of any other offence that would affect their good repute. The shareholders or members, whether direct or indirect, natural or legal persons, that have qualifying holdings in crypto-asset…

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Matched: money laundering — …apply: (1) `terrorist financing' means terrorist financing as defined in Article 1(5) of Directive (EU) 2015/849; (2) `money laundering' means the money laundering activities referred to in Article 1(3) and (4) of Directive (EU) 2015/849; (3) `payer' means a person that holds a payment account and allows a transfer of funds from that payment account…

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Matched: money laundering — …the funds to be transferred in cash or in anonymous electronic money; or (b) has reasonable grounds for suspecting money laundering or terrorist financing. L 150/18 EN Official Journal of the European Union 9.6.2023

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Matched: money laundering — …the funds to be transferred in cash or in anonymous electronic money; or (b) has reasonable grounds for suspecting money laundering or terrorist financing. Section 2 Obligations on the payment service provider of the payee

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Matched: money laundering — …effects the pay-out of the funds in cash or in anonymous electronic money; or (b) has reasonable grounds for suspecting money laundering or terrorist financing. 5. Verification as referred to in paragraphs 3 and 4 of this Article shall be deemed to have taken place where one of the following applies: (a) the identity of the payee has been verified…

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Matched: anti-money, money laundering — …shall report that failure, and the steps taken, to the competent authority responsible for monitoring compliance with anti-money laundering and counter-terrorist financing provisions.

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Matched: anti-money, money laundering — …shall report that failure, and the steps taken, to the competent authority responsible for monitoring compliance with anti-money laundering and counter-terrorist financing provisions.

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Matched: anti-money, money laundering — …shall report that failure, and the steps taken, to the competent authority responsible for monitoring compliance with anti-money laundering and counter-terrorist financing provisions.

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Matched: anti-money, money laundering — …shall report that failure, and the steps taken, to the competent authority responsible for monitoring compliance with anti-money laundering and counter-terrorist financing provisions.

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Matched: money laundering — …registered office, as applicable, to enquiries exclusively from the authorities responsible for preventing and combating money laundering or terrorist financing of that Member State concerning the information required under this Regulation.

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Matched: money laundering — …providers and crypto-asset service providers on the basis of this Regulation only for the purposes of the prevention of money laundering and terrorist financing and shall not be further processed in a way that is incompatible with those purposes. The processing of personal data on the basis of this Regulation for commercial purposes shall be prohibited.…

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Matched: money laundering — …retention, and where they consider it to be justified as necessary for the prevention, detection or investigation of money laundering or terrorist financing. That further retention period shall not exceed five years. 9.6.2023 EN Official Journal of the European Union L 150/27 3. Where, on 25 June 2015, legal proceedings concerned with the prevention,…

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Matched: anti-money — …States shall notify the rules referred to in paragraph 1 to the Commission and to the permanent internal committee on anti-money-laundering and countering terrorist financing referred to in Article 9a(7) of Regulation (EU) No 1093/2010. Member States shall notify the Commission and that permanent internal committee without undue delay of any…

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Matched: money laundering — Article 34 Committee procedure 1. The Commission shall be assisted by the Committee on the Prevention of Money Laundering and Terrorist Financing. That Committee shall be a committee within the meaning of Regulation (EU) No 182/2011. 2. Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply.…

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Matched: anti-money, money laundering — …after the entry into force of a Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, the Commission shall review this Regulation and shall, if appropriate, propose amendments in order to ensure a consistent approach and alignment with the Regulation on the prevention of…

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Matched: money laundering — …inserted: `Article 19a 1. Member States shall require crypto-asset service providers to identify and assess the risk of money laundering and terrorist financing associated with transfers of crypto-assets directed to or originating from a self-hosted address. To that end, crypto-asset service providers shall have in place internal policies, procedures…

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Matched: money laundering, customer due diligence, aml — …Union and providing similar services, including transfers of crypto-assets, Member States shall, in addition to the customer due diligence measures laid down in Article 13 of this Directive, require crypto-asset service providers, when entering into a business relationship with such an entity, to: (a) determine if the respondent entity is licensed…

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Matched: aml — …facilitate the participation of SMEs, including start-ups, with limited legal and administrative capacities and are streamlined across the Union, in order to avoid fragmentation and that participation in an AI regulatory sandbox established by a Member State, or by the European Data Protection Supervisor is mutually and uniformly recognised and…

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Matched: anti-money, money laundering, aml — …REPORTING ON ARTS AND EMTS DENOMINATED IN A NON-EU CURRENCY UNDER ARTICLE 22(7) AND 58(3) OF MICAR 1. Abbreviations AMLD Anti-money laundering directive (Directive (EU) 2015/849) AML Anti-money laundering ART Asset-referenced token CA Competent authority CASP Crypto-asset service provider CP Consultation paper CFT Countering financing of terrorism…

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