ANNEX II AMLR – Lower risk factors The following is a non-exhaustive list of factors and types of evidence of potentially lower risk referred to in Article 20: (1) Customer risk factors:(a)public companies listed on a stock exchange and subject to disclosure requirements (either by stock exchange rules or through law or enforceable means), which impose requirements to ensure adequate transparency of beneficial ownership;(b)public administrations or enterprises;(c)customers that are resident in geographical areas of lower risk as set out in point (3); (2) Product, service, transaction or delivery channel risk factors:(a)life insurance policies for which the premium is low;(b)insurance policies for pension schemes if there is no early surrender … Continue reading ANNEX II AMLRRead More →