On Sep. 17, FR ACPR announced compliance with EBA guidelines.
FR ACPR complied with the EBA guidelines on customer due diligence measures and on the factors that credit and financial institutions should take into account when assessing the risks of AML/CFT associated with individual business relationships and occasional transactions.
Follows EBA Jan. 2024 report extending AML/CFT guidelines to CASPs, see #174603.
The guidelines have been extended to apply to digital asset service providers (DASPs).
Effectiveness
The EBA guidelines will apply from Dec. 30, 2024.
Regulators
FR ACPR
Entity Types
B/D; Bank; Ins; Inv Co
Reference
PR, 9/17/2024; EBA/GL/2024/01; EBA/2021/02; AMLD Dir 2015/849
