Featured

Special Circumstances Call For Special Circumstances | KYC in the COVID-19 Crisis

It is a fundamental principle of the AML regime that the Applicable Customer Identification Procedures (aka KYC, identification and verification) must be carried out before the commencement of the provision of a designated service for a new customer (AML Act, Sect. 32). That is unless the exemption in Sect. 33 applies.

Special Circumstances Call For Special Circumstances | KYC in the COVID-19 Crisis Read More »

Scroll to Top