Beneficial Ownership
Trust, Transparency and Legitimate Access.
Virtual Currencies
Anonymous safe deposit will also no longer be permitted.
Enhanced Due Diligence for High-Risk Third Countries
Mandatory due diligence with High-Risk countries covering funding sources, background checks and beneficial ownership.
Broader coverage includes Artwork Trade.
Prepaid Cards
Lower ceiling for e-money and prepaid cards i.e. €250 to €150.
Broader information sharing
Greater harmonisation and support of organisations to regulate relationships with High-Risk countries.