Citation Audit

Citation: Article 33 1. ¶ 2 – The measures referred to in the first subparagraph shall be proportionate to the nature and size of the business and to the specific elements of lower risk identified. However, obliged entities shall carry out sufficient monitoring of the transactions and business relationship to enable the detection of unusual or suspicious transactions.

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