Citation Audit

Citation: Article 19 4. ¶ 1 – By way of derogation from paragraph 1, point (b), obliged entities shall apply at least customer due diligence measures referred to in Article 20(1), point (a), when carrying out an occasional transaction in cash amounting to a value of at least EUR 3 000, or the equivalent in national currency, whether the transaction is carried out in a single operation or through linked transactions.

Control: CC ID 13618 – Establish, implement, and maintain a customer due diligence program.