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Circular 2018_02.pdf

20180124_nbb_2018_02.pdf

🔗 Source: nbb.be

📊 Size: 40 KB

📄 Pages: 6 pages

⬇️ Downloads: 62

Summary

The National Bank of Belgium issued a circular on January 24, 2018, regarding the overall assessment of money laundering and terrorist financing risks. The circular applies to all companies supervised by the National Bank of Belgium, including credit institutions, stockbroking firms, insurance companies, payment institutions, and electronic money institutions. The circular aims to clarify the Bank's expectations regarding the overall risk assessment and requests information from financial institutions to monitor compliance. The assessment should be documented, updated, and made available to the Bank, and should take into account factors such as customer characteristics, products, services, countries, and distribution channels. The circular also provides guidance on the risk-based approach, governance, and communication to the Bank.

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Description

The National Bank of Belgium issued a circular on January 24, 2018, regarding the overall assessment of money laundering and terrorist financing risks.

Technical Information

File Format: PDF
File Size: 40 KB
Pages: 6
Language: EN
Total Downloads: 62
Last Updated: 1 month ago

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This PDF document about Circular 2018_02 provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Circular 2018_02.