EU-wide
Articles tagged EU-wide — pan-European regimes: CESOP, CRS, FATCA, DAC7/8, AnaCredit, Instant Payments, MiCA, DORA, AMLA.
Safeguarding account — the two PSD2 methods
Safeguarding account under PSD2 Article 10: the segregation method and its end-of-next-business-day deadline, the insurance method, and mixed-use funds.
AML record retention — what to keep, and how long
AML record retention under AMLR articles 77 and 78: the four record classes, the five-year clock from relationship end, and the no-redaction…
Tipping-off — the prohibition and its exceptions
Tipping-off under AMLR Article 73: what you cannot disclose, who is bound, the group and same-transaction exceptions, and scripts for blocked accounts.
Ongoing monitoring — the AMLR Article 26 duty
Ongoing monitoring under AMLR Article 26: keeping customer data current, covering every product in a relationship, and the group-information duty.
Source of funds vs source of wealth — the difference
Source of funds vs source of wealth: what each question asks, the three AMLR routes into the obligation, and what evidence actually…
Enhanced due diligence — when EDD is mandatory
Enhanced due diligence under AMLR Article 34: the four transaction triggers, the mandatory EDD cases, and how EDD differs from higher-risk scoring.
Politically exposed person — who qualifies, what to do
Politically exposed person under AMLR Article 2(1)(34): which functions qualify, the 50,000-inhabitant threshold, family, close associates and the measures.
Beneficial owner — the 25% test and control tests
Beneficial owner under AMLR Articles 51 to 53: the 25% ownership-interest test, control via other means, and why the two are assessed…
Obliged entity — who the EU AML rules actually bind
Obliged entity under AMLR Article 3: the full list, how payment and e-money firms are caught, the narrow Article 6 exemption, and…
PSD2 passporting — the three routes and the real clock
PSD2 passporting under Article 28: the branch, agent and services templates, and why the three-month clock starts on completeness rather than on…