72 members of Parliament voted for the amendments, no one voted against and 3 abstained.
The law stipulates that enhanced identification of customers will be employed for politically exposed natural persons whose permanent place of residence is in other EU member state or third country. Relating to other politically exposed natural persons, financial institutions and other entities will be able to decide not to invoke enhanced customer identification measures if there is no basis stipulated by the law.
Amendments stipulate that, " Financial institutions and other entities, in performing ongoing monitoring of the customer's business relationships, including investigation of the transactions concluded in the course of such relationships, must take into account any activity which they regard as likely, by its nature, to be related to money laundering and/or terrorist financing, and in particular complex or unusually large transactions and all unusual patterns of transactions which have no apparent economic or visible lawful purpose, and business relationship or monetary operations with customers from third countries in which money laundering and/or terrorist financing prevention measures are insufficient or do not correspond to international standards.
The Parliament decided to extend suspension of monetary operations and transactions from 5 to 10 working days.
