AML-1.6.1

Past version: Effective from 01 Oct 2010 to 30 Jun 2016
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Capital market services must not be provided to charitable funds and religious, sporting, social, cooperative and professional societies, until an original certificate authenticated by the relevant Ministry confirming the identities of those purporting to act on their behalf (and authorizing them to obtain the said service) has been obtained. For clubs and societies registered with the General Organisation for Youth and Sports (GOYS), Capital Market Service Providers must contact GOYS to clarify whether the account may be opened in accordance with the rules of GOYS.

October 2010