Examples of AML/KYC Procedures in a sentence
If the entity Account Holder is a Passive NFFE, the Reporting Irish Financial Institution must identify the Controlling Persons as determined under AML/KYC Procedures, and must determine whether any such person is a citizen or resident of the United States on the basis of a self-certification from the Account Holder or such person.
If the Account Holder is a Passive NFFE, the Reporting Canadian Financial Institution must identify the Controlling Persons as determined under AML/KYC Procedures, and must determine whether any such person is a U.S. citizen or resident on the basis of a self-certification from the Account Holder or such person.
If the entity account holder is a Passive NFFE, the Reporting United Kingdom Financial Institution must identify the Controlling Persons as determined under AML/KYC Procedures, and must determine whether any such person is a citizen or resident of the United States on the basis of a self-certification from the account holder or such person.
In the conduct of the look through requirement, SGFIs may rely on information collected and maintained pursuant to AML/KYC Procedures.
If the Entity Account Holder is a Passive NFFE, the Reporting German Financial Institution must identify the Controlling Persons as determined under AML/KYC Procedures, and must determine whether any such person is a citizen or resident of the United States on the basis of a self- certification from the Account Holder or such person.