AML-1.5.1

Capital Market Licensees must have appropriate risk management systems to determine whether a customer or beneficial owner is a Politically Exposed Person ('PEP'), both at the time of establishing business relations and thereafter on a periodic basis. Capital Market Licensees must utilise publicly available databases and information to establish whether a customer is a PEP.

Amended: January 2022
Amended: July 2016
Added: October 2010