(1)

Customer risk factors: the business relationship or occasional transaction is conducted in unusual circumstances; customers that are resident in geographical areas of higher risk as set out in point (3); legal persons or legal arrangements that are personal asset-holding vehicles; corporate entities that have nominee shareholders or shares in bearer form; businesses that are cash-intensive; the ownership structure of the company appears unusual or excessively complex given the nature of the company’s business; customer is a third-country national who applies for residence rights in a Member State in exchange of any kind of investment, including capital transfers, purchase or renting of property, investment in government bonds, investment in corporate entities, donation or endowment of an activity contributing to the public good and contributions to the state budget; customer is a legal entity or arrangement created or set up in a jurisdiction in which it has no real economic activity, substantial economic presence or apparent economic rationale; customer is directly or indirectly owned by one or several entities or arrangements under point (h);

← doc__heading__6__para · All articles · (a) →

Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.