PROVVEDIMENTO 13 giugno 2023 : Modifiche al provvedimento 30 luglio 2019, recante «Disposizioni in materia di adeguata verifica della clientela per il contrasto del riciclaggio e del finanziamento del terrorismo». (23A03659)

The amendments to the Order of the Bank of Italy of 30 July 2019 enacting the „Provisions on due diligence for combating money laundering and financing of terrorism“ were published in the Italian Official Gazette No. 150 on 29 June 2023.
The Order of 13 June 2023 introduces amendments to the Provisions of 30 July 2019 regarding the adequate verification of clients in anti-money laundering matters.
These modifications take into account the incorporation of the EBA Guidelines (EBA/GL/2022/15) of 22 November 2022 on the use of remote customer onboarding solutions for the purposes of adequate verification as stipulated in Article 13, paragraph 1, of the 4th Anti-Money Laundering Directive, which have recently been adopted by the Bank of Italy (please see eventid=21756).
In line with these EBA Guidelines, the present amendments repeal the last paragraph of Section VIII of Part II of the Provisions of 30 July 2019. This paragraph previously allowed, as an alternative to other prescribed procedures, the digital remote identification of individual clients by recipients through an audio/video registration process regulated in Annex 3 of the Provisions of 30 July 2019.
Consequently, Annex 3 of the Provisions of 30 July 2019, which governs this video identification procedure, is simultaneously repealed.
The amendments will come into effect on 2 October 2023.