On Jun. 27, LTH CB issued rules on access to financial services.
LTH CB registered Res 03-81 of Jun. 26, 2024 on the approval of instructions on improving access to financial services and increasing financial inclusion.
Overview
Sets out the procedure by which financial market participants ensure that the risk of AML/CFT is effectively managed and adequately mitigated, including, where applicable, measures related to the provision of the main payment account service.
Measures by which payment services are established, providing participants inform payment service users of decisions taken for purposes of AML/CFT risk management.
Applies to credit institutions, e-money institutions and payment institutions.
Effectiveness
The order shall enter into force on Jan. 1, 2025.
Regulators
LTH CB
Entity Types
B/D; Bank; IA
Reference
OG 2024-11753, 6/27/2024; Res 03-81, 6/26/2024; Gd EBA/GL/2023/04;
