EBA consults on amendments to the guidelines on money laundering and terrorist financing risk factors to include crypto-asset service providers
June 08, 2023
On 31 May 2023, the European Banking Authority (EBA) published a Consultation Paper setting out proposals to amend its guidelines on customer due diligence and the factors credit and financial institutions should consider when assessing the money laundering (ML) and terrorist financing (TF) risk associated with individual business relationships and occasional transactions (ML/TF Risk Factors Guidelines) under Articles 17 and 18(4) of the Fourth Anti-Money Laundering Directive.