Anti-Money Laundering and Counter-Terrorism Financing Sample Clauses

Anti-Money Laundering and Counter-Terrorism Financing. Each Party (the “Information Provider”) agrees to provide any information and documents (the “Relevant Information”) reasonably required by the other Party (the “Information Recipient”) to comply with any Applicable Laws relating to anti-money laundering or counter-terrorism financing including any Applicable Laws imposing “know your customer” or other identification checks or procedures that the Information Recipient is required to comply with in connection with this Agreement (the “AML/CTF Laws”). This obligation applies only to the extent that the Relevant information is in the possession of the Information Provider or may be obtained by it after having undertaken reasonable steps and is subject to any confidentiality, privacy or other legal obligations owed by the Information Provider to any person in relation to whom the Relevant Information relates (except to the extent that AML/CTF Laws take precedence over such obligations).

Anti-Money Laundering and Counter-Terrorism Financing. 18.1. You must: (a) not knowingly do anything which might put us in breach of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and associated rules (including overseas equivalents, if applicable) (‘AML/CTF Laws’), and notify us if you are aware of anything that would put us in breach of the AML/CTF Laws; and (b) if requested, provide additional information, assistance and comply with all reasonable requests to facilitate our compliance with the AML/CTF Laws. 18.2. You declare that you are not aware and you have no reason to suspect that any money used to repay a Premium Loan is derived from or related to money laundering, terrorism financing or similar activities (‘Illegal Activities’). 18.3. You consent to us collecting and disclosing any of your Personal Information (as defined in the Privacy Act) or other information in connection with AML/CTF Laws. 18.4. You acknowledge: (a) in certain circumstances we may be obliged to freeze or block an account where it is used in connection with Illegal Activities or suspected Illegal Activities. Freezing or blocking can arise as a result of account monitoring that is required by AML/CTF Laws. If this occurs, we are not responsible for any consequences or losses which result. In addition, you agree to indemnify us if you are liable to a third party in connection with the freezing or blocking of your account(s); and (b) we reserve the right not to provide a Premium Loan to anyone that we decide, in our sole discretion, that we do not wish to provide a loan to.

Anti-Money Laundering and Counter-Terrorism Financing. For the purpose of anti-money laundering, economic sanctions and counter terrorism financing, in case of any of the following circumstances, the Undersigned agrees that the Bank may take the following measures or other actions the Bank deems to be necessary for regulatory compliance or for the request of competent authority towards the Undersigned, and the Undersigned’s beneficial owner, account related parties (such as agents and authorized persons) and counterparties (hereinafter referred to as the “Related Parties”) without notice to the Undersigned within the extent permitted by law. In addition, the Bank shall not be liable for any damage suffered by the Undersigned or any Related Parties thereof as a result of such measures or actions. (I) Subject to relevant laws and regulations, where the Bank learns or reasonably suspects that any fund used in any transaction conducted by the Undersigned is sourced from corruption, misappropriation of public assets or tax evasion, the Bank may refuse to have any business/service dealings with the Undersigned, and/or may terminate all transactions and business/service relationships with the Undersigned described in this Master Agreement and/or close his/her/its accounts directly. (II) Where the Bank discovers or reasonably suspects that the Undersigned or any Related Party is subject to economic sanctions, or is among the sanctioned individuals, judicial persons or groups specified in the Counter Terrorism Financing Act, or the terrorists or groups identified or sought by foreign governments or international organizations, or where the Bank considers that there is a necessity for risk control (for example, the Undersigned or any Related Party is involved in illegal activities or suspected of engaging in money laundering transactions or terrorism financing activities, or is involved in accounts-related illegal cases as shown in any media report, or the Bank executes relevant risk control polices on money laundering, counter terrorism financing or economic sanctions for the Bank or its group), the Bank may refuse to provide the business/service with the Undersigned, and/or temporarily suspend all business/service activities and transactions with the Undersigned, and/or terminate all transactions and business/service relationships with the Undersigned described in this Master Agreement and/or close his/her/its accounts directly. (III) The Bank may request the Undersigned to cooperate with the Bank during the specified...

Anti-Money Laundering and Counter-Terrorism Financing. (AML/CFT) (a) the regulator or authority requires us to do so; (b) uSMART SG is required by law or pursuant to agreements with any regulator or any authority to do so; (c) uSMART SG needs to comply with internal policies pertaining to anti-money laundering or sanctions investigations; (d) uSMART SG needs to comply with any internal mandate associated with any applicable order or sanction of any authority or regulator; or (e) uSMART SG is under the suspicion that the said transaction is made for the purposes of advancing money-laundering activities or the financing of terrorism activities or any other unlawful activities thereby contravening the anti-money laundering guidelines or any other law in Singapore or elsewhere. For the avoidance of doubt, the Client acknowledges, understands and consents to any investigation and disclosures that may be made pertaining to the Client’s credit standing, business accounts and Personal Data and the Client authorises uSMART SG and/or relevant third party service provider to contact such banks, financial institutions, credit agencies and any other person, as uSMART SG and/or relevant third party service provider shall deem appropriate.

Anti-Money Laundering and Counter-Terrorism Financing. ‌ (1) From time to time we may request information from you in order to meet our obligations under the Anti-Money Laundering and Counter-Terrorism Financing Xxx 0000 (Cth) (AML/CTF Act). (2) Where we provide a designated service (as defined under the AML/CTF Act), we are a reporting entity under the AML/CTF Act and accordingly must meet stringent identification and verification requirements. (3) This means that, before providing you with a designated service, we must make sure you are who you say you are by collecting information to identify you or any agent acting on your behalf, and taking steps to verify this information. You agree to provide such information upon request. If you do not provide this information, we may not be able to provide services to you.

Anti-Money Laundering and Counter-Terrorism Financing. You acknowledge that: (a) we are subject to various anti-money laundering and counter-terrorism financing laws (‘AML/CTF Laws’) which include among other things prohibitions against any person dealing with the proceeds of, or assets used in, criminal activity (wherever committed) and from dealing with any funds or assets of, or the provision of services to, any person or entity involved (or suspected of involvement) in terrorism or any terrorist act; and (b) the AML/CTF Laws may prohibit us from providing services to you as contemplated by this Agreement. You agree that: (a) we are not required to accept or execute any Order, or take any other action or perform any obligation under, or in connection with this Agreement if we are not satisfied as to your identity, or if we suspect on reasonable grounds that by doing so we may breach the AML/CTF Laws; (b) we may request additional information and documentation from you during the course of our business relationship as part of our ongoing transaction monitoring obligations; (c) you will promptly notify us about any changes in relation to information and documentation you have previously provided to us for AML/CTF purposes; i. we may delay, block or refuse to take and execute the Order on your account, if we believe on reasonable grounds that to do so may breach any law in Australia or of any other country including, without limitation, the AML/CTF Laws; and ii. we will incur no liability to you for any loss you suffer (including consequential loss) however caused by reason of any action taken or not taken by us in the above circumstance and you agree to provide all information and documents to us which we reasonably require to comply with any law in Australia or of any other country, including any AML/CTF Laws and agree that we may disclose information which you provide to us to the relevant authority body.

Anti-Money Laundering and Counter-Terrorism Financing. Unless otherwise agreed upon in the credit authorization agreement, the Borrower agrees that, for the purpose of AML/CFT, if any one of the following situations occur, the Bank may restrict the Borrower's drawdown or reduce the credit limit, or shorten the term of its loan repayment, or declare that part or all of its liabilities become due, or take other necessary measures in accordance with the Money Laundering Control Act, Counter Terrorism Financing Act, Regulations Governing Anti-Money Laundering of Financial Institutions, Regulations Governing Internal Audit and Internal Control System of Anti-Money Laundering and Countering Terrorism Financing of the Banking Industry and Other Financial Institutions Designated by the Financial Supervisory Commission, Template of Guidelines Governing Anti-Money Laundering and Combating the Financing of Terrorism by the Bankers Association, and other AML/CFT related regulations, as well as subsequent amendments to the regulations: I. The Borrower or the Borrower's beneficial owner, senior executives, related party (e.g. legal representative, agent, and authorized persons), or transaction counterparty is identified as an individual, corporate entity or organization sanctioned under the Terrorism Financing Prevention Act, or a terrorist or terrorist organization identified by Taiwan's government, a foreign government, or an international organization. II. When establishing a business relationship and afterwards, the Borrower refuses to provide personal information and information on the company, beneficial owner, or the Borrower (including but not limited to shareholding structure, senior executives, and related parties) or explain the transaction (nature, purpose, and source of funds for the transaction), or refuses to respond to telephone calls, letters, or cooperate with on-site inspections. Article

Anti-Money Laundering and Counter-Terrorism Financing. In order to comply with anti-money laundering laws, counter terrorist financing laws, regulations and policies, including our policies, reporting requirement under financial transactions legislation and requests of authorities, we maybe : Prohibited from entering or concluding transaction involving certain persons or entites; or Required to report suspicious transaction to an authority. Transactions impacted included those that may : Involve the provision of finance to any person involved or suspected of involvement in terrorisms or any terrorist act; Be relevant to investigation of an actual or attempted evasion of tax law, investigation of a prosecution of a person for an offence against anyapplicable law; or Involve persons or entities which may be the subject of sanctions.

Anti-Money Laundering and Counter-Terrorism Financing. To the extent required by applicable law, Buyer complies with all anti-money laundering and counter terrorism financing requirements.

Anti-Money Laundering and Counter-Terrorism Financing. 21.1 The Borrower undertakes: a) not to knowingly do anything to put MPF in breach of the Financial Transactions Reporting Act 1996, Anti-Money Laundering and Countering Financing of Terrorism Act 2009, in which MPF performs services related to this Premium Funding Agreement (AML/CFT Laws), and/or its internal policies and procedures, and to notify MPF if the Borrower is aware of anything that would put MPF in breach of AML/CFT Laws; b) if requested, to provide additional information and assistance and comply with all reasonable requests to facilitate the MPF’s compliance with AML/CTF Laws in New Zealand; and c) it is not aware and has no reason to suspect that the money used to repay the loan are derived from or related to money laundering, terrorism financing or similar activities.