AML/KYC Procedures definition

AML/KYC Procedures means the customer due diligence procedures of a Reporting Estonian Financial Institution pursuant to the anti-money laundering or similar requirements of Estonia to which such Reporting Estonian Financial Institution is subject.
AML/KYC Procedures means the customer due diligence procedures of a Reporting Swiss Financial Institution pursuant to the anti-money laundering or similar requirements of Switzerland to which such Reporting Swiss Financial Institution is subject.
AML/KYC Procedures means the customer due diligence (CDD) procedures of a Reporting Financial Institution pursuant to the anti-money laundering or similar requirements of the jurisdiction concerned to which such Reporting Financial Institution is subject.

Examples of AML/KYC Procedures in a sentence

  • If the Entity Account Holder is a Passive NFFE, the Reporting Norwegian Financial Institu- tion 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.

  • For the purposes of determining the Controlling Persons of an Account Holder, a Reporting Financial Institution may rely on information collected and maintained pursuant to AML/KYC Procedures.

  • Obtain a self-certification, which may be part of the account opening documentation, that allows the Reporting Financial Institution to determine the Account Holder’s residence(s) for tax purposes and confirm the reasonableness of such self-certification based on the information obtained by the Reporting Financial Institution in connection with the opening of the account, including any documentation collected pursuant to AML/KYC Procedures.

  • For purposes of determining the Controlling Persons of an Account Holder, a Reporting Financial Institution may rely on information collected and maintained pursuant to AML/KYC Procedures.

  • Review information maintained for regulatory or customer relationship purposes (including information collected pursuant to AML/KYC Procedures) to determine whether the information indicates that the Account Holder is resident in a Reportable Jurisdiction.


More Definitions of AML/KYC Procedures

AML/KYC Procedures means the customer due diligence procedures of a Reporting Singaporean Financial Institution pursuant to the anti-money laundering or similar requirements of Singapore to which such Reporting Singaporean Financial Institution is subject.
AML/KYC Procedures means the customer due diligence procedures of a Reporting Bahamas Financial Institution pursuant to the anti-money laundering or similar requirements of The Bahamas to which such Reporting Bahamas Financial Institution is subject.
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 means the customer due diligence procedures of a Reporting British Virgin Islands Financial Institution pursuant to the anti-money laundering or similar requirements of the British Virgin Islands to which such Reporting British Virgin Islands Financial Institution is subject.
AML/KYC Procedures means the customer due diligence (CDD) procedures of a Reporting Anguilla Financial Institution pursuant to the anti-money laundering or similar requirements of Anguilla to which such Reporting Anguilla Financial Institution is subject to.
AML/KYC Procedures means the customer due diligence procedures of a Reporting Financial Institution of the Republic of Kazakhstan pursuant to the anti-money laundering or similar requirements of the Republic of Kazakhstan to which such Reporting Financial Institution of the Republic of Kazakhstan is subject.
AML/KYC Procedures means the customer due diligence procedures of a Reporting New Zealand Financial Institution pursuant to the anti-money laundering or similar requirements of New Zealand to which such Reporting New Zealand Financial Institution is subject.