8Article 11 of the directive provides:‘Member States shall ensure that obliged entities apply customer due diligence measures in the following circumstances:(a) when establishing a business relationship;(b) when carrying out an occasional transaction that:(i) amounts to EUR 15000 or more, whether that transaction is carried out in a single operation or in several operations which appear to be linked; or(ii) constitutes a transfer of funds, as defined in point (9) of Article 3 of Regulation (EU) 2015/847 of the European Parliament and of the Council [of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006 (2015, L 141, p. 1),] exceeding EUR 1000;…(e) when there is a suspicion of money laundering or terrorist financing, regardless of any derogation, exemption or threshold;…’
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