Which are the requirements of the Filth AML Directive of the EU? {Select Two.)

Question

Options

• APromoting the record keeping obligations of banks to the maximum amount of data necessary for
• BBroadening the criteria for assessing high-risk third countries
• CExtending AML rules to entities that provide virtual currency services
• DDeveloping a variant approach m the strategy for the treatment of organized crime and terrorism
• EProviding information access to financial intelligence units according to the differences in the

• A
  82% (27)
• B
  9% (3)
• D
  6% (2)
• E
  3% (1)

Explanation

Promoting the record-keeping obligations of banks to the maximum amount of data necessary for the purposes of AML investigations: "The Fifth AML Directive emphasizes that record-keeping obligations of banks must extend to the maximum amount of data necessary for the purposes of anti-money laundering investigations" Extending AML rules to entities that provide virtual currency services: "The 5AMLD expands the scope of the EU's anti-money laundering rules to include virtual currency exchange platforms and custodian wallet providers"

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