Common use of Anti-Money Laundering and Countering the Financing of Terrorism Clause in Contracts

Anti-Money Laundering and Countering the Financing of Terrorism. (a) You acknowledge that we and our Affiliates are required to act in accordance with the Applicable Laws which relate to the prevention of money laundering, terrorist financing and the provision of financial and other services to any persons or entities which may be subject to sanctions. We and/or our Affiliates may take any action in accordance with or by reference to all such Applicable Laws. (b) In order to comply with Applicable Laws on anti-money laundering, countering the financing of terrorism as well as our policies, reporting requirements under Applicable Laws on financial transactions and any requests of authorities, we may be: (i) prohibited from entering into or concluding certain Gold Bullion Transactions; and/or (ii) required to report suspicious Gold Bullion Transactions to an authority. (c) We and/or our Affiliates may intercept and investigate any payment message and other information or communications sent to or by you or on your behalf and may delay, block or refuse to make any payment and such payment screening may cause a delay in processing certain information. (d) Neither we nor our Affiliates shall be liable for any Losses arising out of any action taken or any delay or failure by us or our Affiliates, in performing any of our duties or other obligations, caused in whole or in part by any step taken as set out above.

Anti-Money Laundering and Countering the Financing of Terrorism. (a) You acknowledge that we and our Affiliates are required to act in accordance with the Applicable Laws which relate to the prevention of money laundering, terrorist financing and the provision of financial and other services to any persons or entities which may be subject to sanctions. We and/or our Affiliates may take any action in accordance with or by reference to all such Applicable Laws. (b) In order to comply with Applicable Laws on anti-money laundering, countering the financing of terrorism as well as our policies, reporting requirements under Applicable Laws on financial transactions and any requests of authorities, we may be:: DBS Bank Ltd 67 Co. Reg. No. 196800306E (i) prohibited from entering into or concluding certain Gold Bullion Transactions; and/or (ii) required to report suspicious Gold Bullion Transactions to an authority. (c) We and/or our Affiliates may intercept and investigate any payment message and other information or communications sent to or by you or on your behalf and may delay, block or refuse to make any payment and such payment screening may cause a delay in processing certain information. (d) Neither we nor our Affiliates shall be liable for any Losses arising out of any action taken or any delay or failure by us or our Affiliates, in performing any of our duties or other obligations, caused in whole or in part by any step taken as set out above.

Anti-Money Laundering and Countering the Financing of Terrorism. (a) You acknowledge that we and our Affiliates Affiliates are required to act in accordance with the Applicable Laws which relate to the prevention of money laundering, terrorist financing financing and the provision of financial financial and other services to any persons or entities which may be subject to sanctions. We and/or our Affiliates Affiliates may take any action in accordance with or by reference to all such Applicable Laws. (b) In order to comply with Applicable Laws on anti-money laundering, countering the financing financing of terrorism as well as our policies, reporting requirements under Applicable Laws on financial financial transactions and any requests of authorities, we may be: (i) prohibited from entering into or concluding certain Gold Bullion Transactions; and/or (ii) required to report suspicious Gold Bullion Transactions to an authority. (c) We and/or our Affiliates Affiliates may intercept and investigate any payment message and other information or communications sent to or by you or on your behalf and may delay, block or refuse to make any payment and such payment screening may cause a delay in processing certain information. (d) Neither we nor our Affiliates Affiliates shall be liable for any Losses arising out of any action taken or any delay or failure by us or our AffiliatesAffiliates, in performing any of our duties or other obligations, caused in whole or in part by any step taken as set out above.