lexiara

Article 7

3AMLD
DIRECTIVE 2005/60/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (Text with EEA relevance) · European Union

The institutions and persons covered by this Directive shall apply customer due diligence measures in the following cases: (a) when establishing a business relationship; (b) when carrying out occasional transactions amounting to EUR 15 000 or more, whether the transaction is carried out in a single operation or in several operations which appear to be linked; (c) when there is a suspicion of money laundering or terrorist financing, regardless of any derogation, exemption or threshold; (d) when there are doubts about the veracity or adequacy of previously obtained customer identification data.

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Source: EUR-Lex CELLAR · retrieved 2026-09-05