Examples of AML/CFT in a sentence
The Borrower acknowledges that the Bank is obliged to comply with the Money Laundering (Prohibition) Act (MLPA) 2011 (as amended) and Central Bank of Nigeria Anti-Money Laundering/Combating of Financing of Terrorism (AML/CFT) Regulation, 2009 (as amended), and undertakes to provide such information and documents as the Bank may, from time to time request in order to comply with such MLPA and AML/CFT requirements including information and documents of the Borrower from time to time.
Xxxxxx performs blockchain analysis of transactions and reserves the right to freeze funds if suspicious transactions are detected and to report to the competent authorities as required by local AML/CFT legislation.
I hereby give my express written consent that the information provided by me regarding the origin of the funds used in the business relationship may be verified by IP Sofia International Securities AD through verification in public sources of information, official registers or through official enquiries to commercial banks and other methods provided by law for verification of information in relation to the AML/CFT Act.
In addition, Wallet reserves the right to restrict or prohibit the use of Wallet for certain jurisdictions if required by applicable law or our AML/CFT Policy provides for such restriction or prohibition in which case Wallet is not liable for any losses or damages incurred by you due to your inability to access Wallet.