Financial Crime Risk Management Activity definition

Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

Financial Crime Risk Management Activity means detection, investigation, reporting and prevention of Financial Crime.

Financial Crime Risk Management Activity means any action to meet legal obligations relating to the detection, investigation and prevention of Financial Crime. This may include:

Examples of Financial Crime Risk Management Activity in a sentence

• Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that we or members of the HSBC Group may take.

• To the extent permissible by law, neither we nor any other member of HSBC Group shall be liable to you or any third party in respect of any loss (however it arose) that was suffered or incurred by you or a third party, caused in whole or in part in connection with the undertaking of Financial Crime Risk Management Activity.

• To the extent permissible by law, neither HSBC nor any other member of HSBC Group shall be liable to any party (including yourself) in respect of any loss whatsoever whether incurred by you or another party caused in whole or in part in connection with the undertaking of Financial Crime Risk Management Activity.

• To the extent permissible by law, neither the Bank nor any other member of HSBC Group shall be liable to the Accountholder or any third party in respect of any loss howsoever arising, suffered or incurred by the Accountholder or third party caused in whole or in part in connection with the undertaking of Financial Crime Risk Management Activity.

• PUBLIC - Exceptionally, our Financial Crime Risk Management Activity may lead to us delaying, blocking or refusing the making or clearing of any payment, the processing of YOUR instructions or application for Services or the provision of all or part of the Services.

More Definitions of Financial Crime Risk Management Activity

Financial Crime Risk Management Activity means any action that HSBC, and members of the HSBC Group, are required, and may take as they consider appropriate in their sole and absolute discretion, to meet Compliance Obligations in connection with the direction, investigation and prevention of Financial Crime, including but not limited to: (a) screening, intercepting and investigating any instruction, communication, drawdown request, application for Services, or any payment sent to or by a Client or on their behalf, (b) investigating the source of or intended recipient of funds, (c) combining Personal Data with other related information in the possession of the HSBC Group, and/or (d) making further enquiries as to the status of a person or entity, whether they are subject to a sanction regime, or confirming a Client’s or Connected Person’s identity and status.

Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to the detection, investigation and prevention of Financial Crime, including, (i) screening, intercepting and investigating any communication, application for Services or any payment, whether sent to or by the Customer or on the Customer’s behalf; (ii) investigating the source of or intended recipient of money; (iii) combining Customer Information with other related information in the possession of Cayman National or an Affiliate; and/or (iv) making further enquiries as to the status of a relevant person or entity, whether they are subject to a sanctions regime or confirming their identity or status.

Financial Crime Risk Management Activity means the detection, investigation and prevention of Financial Crime, including but not limited to: (a) screening, intercepting, investigating any instruction, communication, drawdown request, application for services, or any payment sent to or by any party, or on behalf any party, (b) investigating the source of or intended recipient of funds, (c) combining Information with other related information in the possession of the HSBC Group, and/or (d) making further enquiries as to the status of an entity, whether the entity is subject to a sanctions regime, or confirming the identity and status of an entity.

Financial Crime Risk Management Activity has the meaning given to it in Clause 7 of Part A.

Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that Hang Seng or members of the HSBC Group may take.

Financial Crime Risk Management Activity means any action to meet legal obligations relating to the detection,investigation and prevention of Financial Crime. This may include:• screening, intercepting and investigating any communication, application you make or any payment sent by you or on your behalf;• investigating the source of or intended recipient of money;• combining information relating to you with other information in our possession or the possession of our Clearing Agent; and/or• making further enquiries as to the status of a relevant person or entity to establish whether they are subject to a sanctions regime or confirming their identity or status.

Financial Crime Risk Management Activity has the meaning given to it in Clause 36.1. first year for a facility has the meaning given to it in the “Interest rate” section for that facility in the facility letter.