Bank of Lithuania

In carrying out the supervision of financial market participants in the area of prevention of money laundering and terrorist financing, the Bank of Lithuania aims to deepen their understanding regarding the implementation of the requirements in this area. For more information, see the FAQ section.

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Overview by the Bank of Lithuania on proper business-wide money laundering and terrorist financing risk assessment

The Overview provides key insights into business-wide assessments of money laundering and terrorist financing risks performed by financial market participants. The Overview is based on conclusions obtained by the Bank of Lithuania from the supervision of financial market participants and on an analysis of risk assessments of 20 financial market participants (banks, electronic money institutions and payment institutions) and contains examples of good practice identified during the analysis and cases where risk assessments need to be improved.

Overview of business-wide assessments of money laundering and terrorist financing risks performed by financial market participants

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Last update: 05-03-2020