| Author (Corporate) | European Investment Bank |
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| Publisher | EU |
| Publication Date | September 2014 |
| Content Type | Report |
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A comprehensive EIB Group AML-CFT Framework, which should be read in conjunction with other relevant EIB Group Codes of Conducts, policies and guidelines was approved on 15 July 2014. It contains the key anti-money laundering and combatting financing of terrorism (“AML-CFT”) principles applicable to EIB Group activities and is in line with the principles of relevant EU legislation as amended and supplemented from time to time (Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, and its implementing Directive 2006/70/EC), best banking practices and applicable market standards. The EIB Group AML-CFT Framework aims at preventing the EIB Group, its governing bodies, staff and counterparties from being associated or used for money laundering, financing of terrorism or other criminal activities. |
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| Source Link | http://www.eib.europa.eu/attachments/strategies/eib_group_aml_cft_framework_en.pdf |
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| Subject Categories | Politics and International Relations, Security and Defence |
| Countries / Regions | Europe |
