Transcription of on the assessment of the risk of ... - European Commission
{{id}} {{{paragraph}}}
Example: barber
on the assessment of the risk of ... - European Commission
EN EN European Commission Brussels, COM(2019) 370 final REPORT FROM THE Commission TO THE European PARLIAMENT AND THE COUNCIL on the assessment of the risk of money laundering and terrorist financing affecting the internal market and relating to cross-border activities {SWD(2019) 650 final} 1 1. INTRODUCTION Article 6 of the 4th Anti-Money Laundering Directive1 mandates the Commission to conduct an assessment of money laundering and terrorist financing risks affecting the internal market and relating to cross border activities and to update it every two years (or more frequently if appropriate). This report updates the Commission s first supranational risk assessment published in It assesses the implementation of the Commission s recommendations and evaluates remaining risks, including in new products and sectors.
Laundering Directive provisions on virtual currency providers and custodian wallet providers are a first regulatory step, the increasing use of such instruments is posing higher risks and further regulatory steps may be needed. 2.1.3. Non-financial sector and products — Designated Non-Financial Businesses and Professions
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: