frequent transactions involving disinvestments from financial instruments or the cashing in of insurance policies for individual amounts below the registration threshold;
deposits made in accounts held with trust companies using frequent inflows of funds, especially if coming from a plurality of other intermediaries or in ways serving to circumvent registration obligations.
1.3 Large-volume transactions that are unusual with respect to those normally carried out by the customer, especially if there are no plausible economic or financial reasons for them:
opening and closing of accounts used exclusively to carry out specific transactions;
large inflows of funds, especially if coming from abroad, to accounts that have long been dormant or little used;
large deposits made on accounts in the name of the company by directors or persons related to them drawing on resources unrelated to the activity of the company, especially if in cash.
1.4 Transactions set up in a way that is illogical, especially if they are economically or financially disadvantageous for the customer:
large-scale purchases of financial instruments, insurance policies or leased goods at prices that are not in line with current market values or their foreseeable value;
early termination of a contract involving financial instruments or insurance policies, especially if shortly after the conclusion of the contract or accompanied by a request for settlement in cash;
conclusion of a contract for the sale/purchase of financial instruments followed shortly afterwards by the conclusion of a contract of the opposite sign with the same party for the same amount but at a distorted price;
savings plans or life insurance policies that are not consistent with the customer’s age;
advance payments of insurance premiums or leasing rentals that are much larger than normally required for no plausible reason;
conclusion of several life insurance policies by the same person in a short lapse of time.
1.5 Transactions carried out frequently by a customer in the name of or in favour of third parties, where such dealings do not appear justified:
the use by firms or entities of accounts in the name of directors, employees or clients to carry out financial or insurance-related transactions;
issues of guarantees for the granting of finance to third parties, where the relationship between the guarantor and the beneficiary does not appear to justify such behaviour;
conclusion of contracts involving financial instruments or insurance policies with liens or pledges in favour of third parties or with beneficiaries not belonging to the contracting party’s family or not linked to it by relationships that would justify such transactions.
1.6 Transactions carried out by third parties in the name of or in favour of a customer for no plausible reason:
the issue of guarantees, especially abroad, by unknown third parties for which the customer fails to provide sufficient information regarding the commercial or financial relationship that would justify their being issued;