Belgian Audit Oversight Board

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AML Recommendation of 5 October 2023

News article
Anti-Money Laundering

This recommendation specifies and clarifies at what point an auditor must proceed to identify and verify the identity of the client and of the client’s beneficial owners and agents, as required under the Law of 18 September 2017 on the prevention of money laundering and terrorist financing and on the restriction of the use of cash.