Title VI: Obligations relating to the fight against money laundering, the financing of terrorist activities and prohibited lotteries, games and betting

In order to implement the simplified due diligence measures provided for in Article L. 561-9, the persons mentioned in Article L. 561-2 shall collect information justifying that the customer, service or product presents a low risk of money laundering or terrorist financing or meets the conditions provided for in Articles R. 561-15 or R. 561-16. They shall ensure throughout the business relationship that the risk of money laundering or terrorist…

Where they choose to implement simplified due diligence measures pursuant to 1° of Article L. 561-9, the persons mentioned in Article L. 561-2 : 1° Shall identify and verify the identity of their customer in accor dance with the procedures set out in Articles R. 561-5 and R. 561-5-1 and shall identify and verify the identity of the beneficial owner i n accordance with the procedures set out in Article…

I. – Electronic money issuers referred to in 1°, 1° ter and 1° quater of Article L. 561-2 may defer verification of the identity of their customer and, where applicable, of the customer’s beneficial owner, where the following conditions are met: 1° There is no suspicion of money laundering or terrorist financing ; 2° The customer may not hold another instrument of the same type from the same issuer; 3°…

I. – To implement the simplified due diligence measures provided for in 2° of Article L. 561-9, the persons mentioned in Article L. 561-2 shall implement the measures for identifying the customer and the beneficial owner in accordance with the procedures provided for in Article R. 561-5, as well as the measures provided for in Article R. 561-14. II. – For the contracts mentioned in 1° of Article R. 561-16,…

The customers referred to in 2° of Article L. 561-9 are: 1° The persons referred to in 1° to 6° bis of Article L. 561-2 established in France, in another Member State of the European Union or in a State party to the Agreement on the European Economic Area; 2° Companies whose securities are admitted to trading on a regulated market in France, in another Member State of the European…