The following is a non-exhaustive list of factors and types of evidence of potentially higher risk referred to in Article 20:
(1) Customer risk factors:
(a) the business relationship or occasional transaction is conducted in unusual circumstances;
(b) customers that are resident in geographical areas of higher risk as set out in point (3);
(c) legal persons or legal arrangements that are personal asset-holding vehicles;
(d) corporate entities that have nominee shareholders or shares in bearer form;
(e) businesses that are cash-intensive;
(f) the ownership structure of the company appears unusual or excessively complex given the nature of the company's business;
(g) customer is a third-country national who applies for residence rights in a Member State in exchange of any kind of investment, including capital transfers, purchase or renting of property, investment in government bonds, investment in corporate entities, donation or endowment of an activity contributing to the public good an
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