Anti-Money Laundering Provisions. The Company is obliged to follow certain requirements, as set out by the Applicable Regulations and the European Union as well as local authorities, for preventing and suppressing money laundering activities, which requires investment firms to obtain certain verification documents from Clients before the establishment of a business relationship and/or during the business relationship. The Company may also request the Client to inform the Company how the invested funds were obtained / accumulated. This process may require proof of certain documentation. The Company has the right not to carry out orders or instructions received from the Client, as long as the Client has not supplied information requested by the Company. The Company take no responsibility for any possible delays where the Client’s verification documents are outstanding. The Client represents and warrants that the funds invested to the Company are not the proceeds of a crime with the aim of concealing or disguising the illicit origin of the funds or of aiding any person involved in the commission of the offence of money laundering or terrorist financing.
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
