Updated 22/10/2024
In force

Version from: 09/07/2024
Amendments
There is currently no Level 2 legal act based on or specifying Article 16.
Search within this legal act

Article 16

Article 16

When assessing the risks of money laundering and terrorist financing relating to types of customers, geographic areas, and particular products, services, transactions or delivery channels, Member States and obliged entities shall take into account at least the factors of potentially lower risk situations set out in Annex II.