(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.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
59 provisions change.
Recital 22 changes in this version: compare with the current text.