FMA guidance 2018/7 revised

As part of the amendments to Art. 7 and Art. 25 DDO, corresponding references to the use of electronic means of identification (in accordance with the eIDAS Regulation) and explanations regarding delegation were added. In addition, a clarification was included in connection with the so-called Adverse Media Screening. Provided that a comprehensive screening of the customer has taken place as part of the onboarding process, those persons subject to due diligence for whom no so-called white listing can be carried out on the system side can limit the screening to content that was published after the last screening was carried out (exclusion of content that has already been screened)

This content has been translated using a fully automated machine translation tool. Some content may not be accurately translated. More information.