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European.improving Detention
Conditions at EU Level
Best Practice, Legislation and the
Followup to the European
Commissions Green Tapestries, 12 June 2017Key topics
Followup to the EU Green Paper
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What is european profile of prevention?
The European profile of prevention is a document that outlines the measures taken by a company to prevent money laundering and terrorism financing.
Who is required to file european profile of prevention?
All financial institutions and designated non-financial businesses and professions are required to file a European profile of prevention.
How to fill out european profile of prevention?
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What is the purpose of european profile of prevention?
The purpose of European profile of prevention is to ensure that companies have adequate measures in place to prevent money laundering and terrorism financing.
What information must be reported on european profile of prevention?
Information such as the company's risk assessment, policies and procedures for customer due diligence, monitoring and reporting suspicious transactions must be reported on the European profile of prevention.
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