Skip to main content
Submitted by Website_Admini… on 28 September 2022

The Anti-Money Laundering Law and Prakas requires specific Customer Due Diligence measures, including customer identification, to be performed prior to establishing a business relationship and prior to executing a one-off transaction exceeding the threshold and whenever there is a suspicion of money laundering or terrorist financing and whenever doubt exists regarding the veracity of information provided. Therefore, you should update your processes and your records so that the required information is in your possession.