(b) AMLD4 — DIRECTIVE (EU) 2015/849 OF THE EUROPEAN PARLIAMENT AND OF…

(b)

AMLD4

DIRECTIVE (EU) 2015/849 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC (Text with EEA relevance) · European Union

apply the following measures in cases of business relationships with politically exposed persons: obtain senior management approval for establishing or continuing business relationships with such persons; take adequate measures to establish the source of wealth and source of funds that are involved in business relationships or transactions with such persons; conduct enhanced, ongoing monitoring of those business relationships.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.