Common use of AML/CFT Clause in Contracts

AML/CFT. The Company shall and shall ensure that each of its Key Subsidiaries shall institute, maintain and comply with internal policies, procedures and controls for AML/CFT consistent with its business and customer profile, in compliance with national laws and regulations, and in furtherance of applicable international AML/CFT best practices.

Appears in 3 contracts

Sources: Policy Agreement (Itau Unibanco Holding S.A.), Policy Agreement (Saieh Bendeck Alvaro), Policy Agreement (Saieh Bendeck Alvaro)

AML/CFT. The Company shall and shall ensure that each of its Key Subsidiaries shall institute, maintain and comply with internal policies, procedures and controls for AML/CFT consistent with its business and customer profile, in compliance with national laws and regulations, and in furtherance of applicable international AML/CFT best practices.

Appears in 1 contract

Sources: Shareholder Agreement

AML/CFT. The Company shall shall, and shall ensure that each of its Key Subsidiaries shall shall, take commercially reasonable steps to institute, maintain and comply with internal policies, procedures and controls for AML/CFT consistent with its business and customer profile, in compliance with national laws and regulations, and in furtherance of applicable international AML/CFT best practicespractices recommendations of the Organization for Economic Co-operation and Development’s Financial Action Task Force on Money Laundering.

Appears in 1 contract

Sources: Policy Agreement (Net 1 Ueps Technologies Inc)