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91. Ordination of the Federal Minister for Science, Research and the Economy on increased risks of money laundering or terrorist financing according to the Accounting Accounting Act 2014 (GTV-BibuG 2014)
On the basis of § 47 (1) of the Accounting Accounting Act 2014, BGBl. I No 191/2013, shall be ordered:
Increased risk of money laundering or terrorist financing
§ 1. (1) There is an increased risk of money laundering or terrorist financing if:
1. |
the customer has his residence or registered office in one of the States listed in paragraph 2, or |
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2. |
the person authorised to represent the client's place of residence or registered office in one of the persons referred to in paragraph 2 |
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, or |
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3. |
a person to which the customer has a substantial business relationship, his residence |
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or has its registered office in one of the States referred to in paragraph 2, or |
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4. |
the trustee or the beneficial owner is domicated or domicated in one of the |
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(2), or |
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5. |
the transaction is carried out through an account set up at a credit institution in one of the countries listed in paragraph 2. |
(2) States where there is at least an increased risk of money laundering or terrorist financing are:
1. |
Islamic Republic of Iran, |
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2. |
Democratic People's Republic of Korea |
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3. |
Democratic People's Republic of Algeria |
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4. |
Republic of Ecuador, |
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5. |
Democratic Federal Republic of Ethiopia, |
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6. |
Republic of Indonesia, |
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7. |
Republic of the Union of Myanmar, |
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8. |
Islamic Republic of Pakistan, |
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9. |
Arab Republic of Syria, |
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10. |
Republic of Turkey, |
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11. |
Republic of Yemen and |
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12. |
Republic of Somalia. |
entry into force
§ 2. This Regulation shall enter into force at the end of the day of its operation.
Mitterlehner