Which requirement is included in the Fourth European Union Directive on money laundering?
Posted: Wed Mar 09, 2022 7:51 am
Which requirement is included in the Fourth European Union Directive on money laundering?
A. It requires obliged entities to consider politically exposed persons as high risk for life
B. It requires obliged entities to conduct enhanced due diligence on all prepaid card holders
C. It requires member countries to maintain registries of the beneficial owners of legal entities
D. It requires member states to enact economic sanctions against countries that do not cooperate with Financial Action Task Force recommendations
A. It requires obliged entities to consider politically exposed persons as high risk for life
B. It requires obliged entities to conduct enhanced due diligence on all prepaid card holders
C. It requires member countries to maintain registries of the beneficial owners of legal entities
D. It requires member states to enact economic sanctions against countries that do not cooperate with Financial Action Task Force recommendations