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  • AML-9.3 AML-9.3 Designated Persons and Entities

    • AML-9.3.1

      Without prejudice to the general duty of all Capital Market Licensees to exercise the utmost care when dealing with Persons or entities who might come under Article 1, Paragraphs (c) and (d) of UNSCR 1373, Capital Market Licensees must not deal with any Persons or entities designated by the CBB as potentially linked to terrorist activity.

      Amended: January 2022
      Added: October 2010

    • AML-9.3.2

      The CBB from time-to-time issues to Capital Market Licensees lists of designated Persons and entities believed linked to terrorism. Capital Market Licensees are required to verify that they have no dealings with these designated Persons and entities, and report back their findings to the CBB. Names designated by the CBB include Persons and entities designated by the United Nations, under UN Security Council Resolution 1267 ('UNSCR 1267').

      Amended: January 2022
      Added: October 2010

    • AML-9.3.3

      Capital Market Licensees must report to the Relevant Authorities, using the procedures contained in section AML-4.2, details of any accounts or other dealings with designated Persons and entities, and comply with any subsequent directions issued by the Relevant Authorities.

      Amended: January 2022
      Added: October 2010