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AI Summary of 15.9

Version date: 1 March 2021 - onwards

15.9

When developing their AML/CFT policies and procedures to comply with their obligations under Directive (EU) 2015/849, firms in this sector should consider that depending on the type of activity they perform, they will be subject to rules under which they have to gather extensive information about their customers. Where this is the case, they should consider the extent to which information obtained for MiFID II and EMIR compliance purposes can be used also to meet their CDD obligations in standard situations.