EBA launches new guidelines in effective risk management

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The European Banking Authority has launched a public consultation on two new sets of guidelines regarding ML/TF risks for financial services providers.

The guidelines will build on the application of CDD to customers seeking asylum from high-risk third countries, in the context of the war in Ukraine.

  • The first Guideline adds to the EBA’s ML/TF risk factor guidance on what FIs should do to identify and tackle related risk.
  • The second Guideline addresses the effective management of ML/TF risks to FIs.


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