AML-1.8.1

A Capital Market Licensees must only accept customers introduced to it by other Capital Market Licensees, financial institutions or intermediaries, if it has satisfied itself that the introducer concerned is subject to FATF-equivalent measures and customer due diligence measures. Where Capital Market Licensees delegate part of the customer due diligence measures to an introducer, the responsibility for meeting the requirements of Chapters 1 and 2 remains with the Capital Market Licensee, not the introducer.

Amended: January 2022
Amended: January 2018
Added: October 2010