What are the risk indicators for securities markets and investment services?
A range of typologies indicate that securities markets and investment services can be used to facilitate money laundering and/or the financing of terrorism. The following circumstances may indicate a risk of money laundering or terrorism financing in connection with such services: (42) • the client details are vague or difficult to verify • the client has an unusual desire for anonymity or discretion in their affairs • the client is involved with companies incorporated in known tax havens • the client shows an unusual interest in the internal controls and processes of the stockbroking firm • the client sells or purchases investments without apparent concern for commercial disadvantage • the client is involved in unusually complex legal structures with no economic or logistical rationale • the client requests to sell large amount of stocks on condition of cash payment • the client appears to be using multiple or serial stockbrokers • the client manages their investments through a solici
