Source: AMLA consultation paper draft
- Anti-money laundering
AMLR supplemental acts
- RTS on customer due diligence
Article 28 Information on the reasons for the intended or performed transactions and their consistency with the business relationship
This is a draft act
This text has been parsed from the AMLA consultation paper draft as published on 9 February 2026. While we run a suite of validations, the automated parsing can result in errors. Also, before it is finally adopted by the Commission, its wording, numbering and references may change, and entire articles might be removed or added.
For the purposes of Article 34(4), point (d), of Regulation (EU) 2024/1624, obliged entities shall obtain one or more of the following information on the reasons for the intended or performed transactions and their consistency with the business relationshipmeans a business, professional or commercial relationship connected with the professional activities of an obliged entity, which is set up between an obliged entity and a customer, including in the absence of a written contract and which is expected to have, at the time when the contact is established, or which subsequently acquires, an element of repetition or duration;, on which basis they can assess:
the extent to which the reason provided for the transaction is credible and in line with the institution’s knowledge of the customer; or
the consistency of the overall transactions performed during the business relationshipmeans a business, professional or commercial relationship connected with the professional activities of an obliged entity, which is set up between an obliged entity and a customer, including in the absence of a written contract and which is expected to have, at the time when the contact is established, or which subsequently acquires, an element of repetition or duration; with the activities carried out and the customer’s turnover, especially in the case of economic activities characterised by the use of assets representing higher ML/TF risks; or
information to clarify any higher risks the obliged entity may have identified in respect of the parties involved in the transaction, including any intermediaries, and their relationship with the customer.
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