(22)It should be recognised that the risk of money laundering and terrorist financing is not the same in every case. In line with a risk-based approach, the principle should be introduced into Community legislation that simplified customer due diligence is allowed in appropriate cases.
◷
New version applies from 20/03/2008 — introduced by Directive 2008/20/EC.
50 provisions change.
Later versions: 30/10/2009, 04/01/2011.
Recital 22 changes in this version: compare with the current text.