Common use of Anti-Money Laundering Provision Clause in Contracts

Anti-Money Laundering Provision. The parties hereto will comply with all applicable laws and regulations aimed at preventing, detecting and reporting money laundering and suspicious transactions, including, without limitation, applicable provisions of the Bank Secrecy Act and the USA PATRIOT Act of 2001, as well as regulations administered by the U.S. Department of the Treasury’s Office of Foreign Asset Control. In addition, you agree to take all necessary and appropriate steps, consistent with applicable laws and regulations, to obtain, verify, and retain information with regard to investor and/or account owner identification and source of funds for your customers.

Anti-Money Laundering Provision. The parties hereto will comply with all applicable laws and regulations aimed at preventing, detecting and reporting money laundering and suspicious transactions, including, without limitation, applicable provisions of the Bank Secrecy Act and the USA PATRIOT Act of 2001, as well as regulations administered by the U.S. Department of the Treasury’s 's Office of Foreign Asset Control. In addition, you agree to take all necessary and appropriate steps, consistent with applicable laws and regulations, to obtain, verify, and retain information with regard to investor and/or account owner identification and source of funds for your customers.