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AML Recommendation of 9 November 2023

News article
Anti-Money Laundering

This recommendation seeks to inform auditors of the usefulness of documented money laundering typologies. The overview it provides can help auditors comply with their AML obligations, such as the requirement that they draw up an overall and an individual risk assessment and in detecting and analysing atypical transactions as required by the Law of 18 September 2017 on the prevention of money laundering and terrorist financing and on the restriction of the use of cash.