The payment service provider of the payee shall consider missing or incomplete information on the payer as a factor in assessing whether the transfer of funds, or any related transaction, is suspicious, and whether it must be reported, in accordance with the obligations set out in Chapter III of Directive 2005/60/EC, to the authorities responsible for combating money laundering or terrorist financing.
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2017 - onwards
Article 10 Risk-based assessment
Repealed from 26 June 2017