Due diligence on business relationships and occasional transactions and detection of atypical facts and transactions
Legal and regulatory framework
- Anti-Money Laundering Law: Articles 35, §§1 and 2, and 36
- Anti-Money Laundering Regulation of the NBB: Articles 15, 16, 1°, and 17
Other reference documents
- Communication NBB_2023_08 / Horizontal analysis of a sample of transactions carried out through tied agents of various payment institutions
- Communication NBB_2018_21 / Horizontal control analysis examining a sample of transactions carried out through tied agents of different payment institutions
- EBA Risk Factors Guidelines EBA/GL/2021/02 dated 1 March 2021 (consolidated version resulting from Guidelines EBA/GL/2023/03 of 31 March 2023)
- BCBS Guidelines dated January 2014 on Sound management of risks related to money laundering and financing of terrorism (revised in July 2020)
Comments and recommendations by the NBB
Disclaimer: This English text is an unofficial translation and may not be used as a basis for resolving any dispute.