Article 90Entry into force and application

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

It shall apply from 10 July 2027, except in relation to obliged entities referred to in Article 3, points (3)(n) and (o), to which it shall apply from 10 July 2029.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 31 May 2024.

The following is a non-exhaustive list of risk variables that obliged entities shall take into account when drawing up their risk assessment in accordance with Article 10 and when determining to what extent to apply customer due diligence measures in accordance with Article 20:

(a)

Customer risk variables:

(i)

the customer’s and the customer’s beneficial owner’s business or professional activity;

(ii)

the customer’s and the customer’s beneficial owner’s reputation;

(iii)

the customer’s and the customer’s beneficial owner’s nature and behaviour;

(iv)

The article continues in the official text.