The provision requires the Commission to take decisions concerning the identification of a low risk of money laundering or terrorist financing and decisions as to whether legal or natural persons carrying out a financial activity on an occasional or limited basis should not be covered by the directive at the latest within six months following the entry into force of the directive.
The provision requires the Commission to take decisions concerning the identification of a low risk of money laundering or terrorist financing and decisions as to whether legal or natural persons carrying out a financial activity on an occasional or limited basis should not be covered by the directive at the latest within six months following the entry into force of the directive.