AML-1.4.2

Where no face-to-face contact takes place, Capital Market Licensees must take additional measures (to those specified in section AML-1.2), in order to mitigate the potentially higher risk associated with such business. In particular, Capital Market Licensees must take measures:

(a) To ensure that the customer is the Person they claim to be; and
(b) To ensure that the address provided is genuinely the customer's.
Amended: January 2022
Added: October 2010