Money Laundering Compliance. Each Party represents and warrants that it shall comply with all the applicable laws and regulations designed to prevent money laundering including without limitation the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 (Title III of the USA PATRIOT ACT), and if required by such laws or regulations will share information with each other Party about individuals, entities, organizations and countries suspected of possible terrorist or money laundering activities in accordance with Section 314(b) of the USA PATRIOT ACT.
Money Laundering Compliance. To comply with applicable anti-money laundering/US Treasury Department Office of Foreign Assets Control (“OFAC”) rules and regulations, Subscriber is required to provide the following information: Name of financial institution wiring subscription payment and the account at such institution being debited: Name: Branch or Location/Address: ABA/Swift/Bank Code: Account Name: Account No.: Contact Name: Contact Phone No.: FFC: Account Name: FFC: Account Number: Date of Remittance:
Money Laundering Compliance. In accordance with the requirements of the Data Protection Act and the Money Laundering Regulations, we confirm: Kingfields Solicitors is the data controller; Xxxxx Xxxxxxxx is the nominated representative / data protection officer; and We will only process any documentation or personal data received from you in respect of client due diligence for the purposes of preventing money laundering and terrorist financing unless (a) use of that data is permitted by or under any enactment or (b) you give your express consent for the documentation or personal data to be used for other forms of processing. We are required to comply with the Money Laundering Regulations and in particular to verify the identity and permanent address of all new Clients. This is to ensure that the policy adopted worldwide by Financial and Government Authorities to prevent the use of laundering systems to disguise the proceeds of crime is achieved. The Money Laundering Regulations Act 2007 and the Proceeds of Crime Act 2000 (and subsequent acts amendments) and related legislation impose strict obligations on us to be satisfied as to the identity of our client and as to the source of any funds used in transactions in which we are involved even as advisers. We are also required to update our client identification records from time to time.
25.1 In order to comply with the Regulations relating to identity, we generally require to see the following forms of ID: -
Money Laundering Compliance. 4 Section 2. Processing Transactions ...................................... 4 2.1 Timely Pricing and Orders .................................... 4 2.2
Money Laundering Compliance. In accordance with the requirements of the Data Protection Act and the Money Laundering Regulations, we confirm: Kingfields Solicitors is the data controller; Xxxxx Xxxxxxxx is the nominated representative / data protection officer; and We will only process any documentation or personal data received from you in respect of client due diligence for the purposes of preventing money laundering and terrorist financing unless (a) use of that data is permitted by or under any enactment or (b) you give your express consent for the documentation or personal data to be used for other forms of processing. We are required to comply with the Money Laundering Regulations and in particular to verify the identity and permanent address of all new Clients. This is to ensure that the policy adopted worldwide by Financial and Government Authorities to prevent the use of laundering systems to disguise the proceeds of crime is achieved. The Money Laundering Regulations Act 2017 and the Proceeds of Crime Act 2000 (and subsequent acts amendments) and related legislation impose strict obligations on us to be satisfied as to the identity of our client and as to the source of any funds used in transactions in which we are involved even as advisers. We are also required to update our client identification records from time to time.
25.1 In order to comply with the Regulations relating to identity, we generally require to see the following forms of ID: -
25.1.1 Individuals If you are a new client or an existing client who has not previously supplied information you are requested to supply two sources of identification at least one of which must contain an official photograph (eg passport, driving clients which are the usual forms provided). The other must show your current address :
a) Current full UK Photocard Driving Licence (if this has not been used as evidence of identification)
b) A bill for the supply of electricity, gas, water or telephone services (provided it is fewer than three (3) months old). Mobile phone bills are not acceptable.
c) Television Licence renewal notice
d) Council Tax bill (provided it is fewer than three (3) months old).
e) Recent Tax Coding Notice.
f) Recent Mortgage Statement.
g) Credit Card/Bank Statement (provided it is fewer than three (3) months old) showing current address. We need to see the originals as photocopies are insufficient. If we do not have the opportunity of meeting with you face to face, we may require further evidence of identificatio...
Money Laundering Compliance. Each of Distributor and the Trust acknowledges that it is a financial institution subject to the USA Patriot Act of 2001 and the Bank Secrecy Act (collectively, the "AML Acts"), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each represents and warrants to the other that it is in compliance with and will continue to comply with the AML Acts and applicable regulations in all relevant respects. The Distributor shall also provide written notice to each person or entity with which it entered an agreement prior to the date hereof with respect to sale of the Trust's Shares, such notice informing such person of anti-money laundering compliance obligations applicable to financial institutions under applicable laws and, consequently, under applicable contractual provisions requiring compliance with laws. The Distributor shall include specific contractual provisions regarding anti-money laundering compliance obligations in agreements entered into by the Distributor with any dealer that is authorized to effect transactions in Shares of the Trust. Each of Distributor and the Trust agrees that it will take such further steps, and cooperate with the other as may be reasonably necessary, to facilitate compliance with the AML Acts, including but not limited to the provision of copies of its written procedures, policies and controls related thereto ("AML Operations"). Distributor undertakes that it will grant to the Trust, the Trust's anti-money laundering compliance officer and regulatory agencies, reasonable access to copies of Distributor's AML Operations, books and records pertaining to the Trust only. It is expressly understood and agreed that the Trust and the Trust's compliance officer shall have no access to any of Distributor's AML Operations, books or records pertaining to other clients of Distributor.
Money Laundering Compliance. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Commissioner an acceptable written revised program to ensure compliance with applicable anti-money laundering (“AML”) laws, rules, and regulations, including the Bank Secrecy Act (31 U.S.C. § 5311 et seq.) (“BSA”); the rules and regulations issued thereunder by the U.S. Department of the Treasury (31 C.F.R. Part 103); and sections 208.62 and 208.63 of Regulation H of the Board of Governors (12 C.F.R. §§ 208.62 and 208.63). The revised BSA/AML compliance program shall apply to all business lines and, at a minimum, shall provide for:
Money Laundering Compliance. Within 60 days of this Agreement, the Bank and the New York Branch shall jointly submit to the Supervisors an acceptable written BSA/AML compliance program for the New York Branch that is designed to improve the New York Branch’s internal controls to ensure compliance with all applicable AML requirements, including the BSA and the rules and regulations issued thereunder, Regulation K of the Board of Governors (12 C.F.R. § 211.24(j)), and 3 N.Y.C.R.R. Part 300. The program shall include provisions for updates on an ongoing basis as necessary to incorporate amendments to the BSA and the rules and regulations issued thereunder. At a minimum, the program shall include:
Money Laundering Compliance. Within 60 days of this Agreement, UBOCI shall submit to the Reserve Bank an acceptable written AML program designed to improve UBOCI’s system of internal controls and to ensure compliance with all applicable provisions of the BSA and the rules and regulations issued thereunder. The program shall include provisions for updates on an ongoing basis as necessary to incorporate amendments to the BSA and the rules and regulations issued thereunder. The program shall, at a minimum:
Money Laundering Compliance. Within 60 days of this Agreement, Sella Holding Banca and the Miami Agency shall jointly submit to the Reserve Bank and the OFR an acceptable written BSA/AML program designed to ensure the Miami Agency's compliance with all applicable AML laws, rules, and regulations. The program shall include provisions for updates on an ongoing basis as necessary to incorporate amendments to the BSA and the rules and regulations issued thereunder. The program shall, at a minimum provide, for:
