FC-1.1.2
Past version: Effective up to 30 Jun 2007
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(a) carrying-out one-off or occasional transactions above BD 6,000, or where several smaller transactions that appear to be linked fall above this threshold;
(b) establishing business relations with a new or existing customer;
(c) a change to the signatory or beneficiary of an existing account or business relationship is made;
(d) client documentation standards change substantially;
(e) the licensee has doubts about the veracity or adequacy of previously obtained customer due diligence information;
(g) a significant transaction takes place;
(h) there is a material change in the way that an account is operated or in the manner in which the business relationship is conducted; or
(i) there is a suspicion of money laundering or terrorist financing.