Common use of AML/KYC Procedures Clause in Contracts

AML/KYC Procedures. “AML/KYC Procedures” means the customer due diligence (CDD) procedures of a Reporting Cayman Islands Financial Institution pursuant to the anti-money laundering or similar requirements of the Cayman Islands to which such Reporting Cayman Islands Financial Institution is subject to.

AML/KYC Procedures. “AML/KYC Procedures” means the customer due diligence (CDD) procedures of a Reporting Cayman Islands Financial Institution pursuant to the anti-money laundering or similar requirements of the Cayman Islands to which such Reporting Cayman Islands Financial Institution is subject tosubject.