EC Issues Working Document on AML Due Diligence in Non-Face to Face Transactions

IMPORTANT: The full content of this page is available to premium users only.

Tuesday, May 1, 2007

Author:

Bruce Zagaris

Volume:

23

Issue:

5

172

Abstract:

On December 19, 2007, the Commission of the European Communities published a working document on anti-money laundering due diligence with respect to the identification of clients in non-face to face transactions, and the possible implications of such due diligence for electronic commerce. The document addresses application of the requirements contained in the Second and Third Directives ... [more]