Customer Due Diligence Procedures definition

Customer Due Diligence Procedures means the customer due diligence procedures of a Reporting Crypto-Asset Service Provider pursuant to Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and Directive 2013/36/EU, as amended by Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 or similar requirements to which such Reporting Crypto-Asset Service Provider is subject.
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Customer Due Diligence Procedures means, in the cases referred to in Section 6, the carrying out of the customer due diligence measures specified under sections 7-10;
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Customer Due Diligence Procedures means the procedures described in Article 3(1);
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Examples of Customer Due Diligence Procedures in a sentence

  • If the Reporting Crypto-Asset Service Provider is not legally required to apply Customer Due Diligence Procedures that are consistent with Directive (EU) 2015/849, it shall apply substantially similar procedures for the purpose of determining the Controlling Persons.

  • For the purposes of determining the Controlling Persons of the Entity Crypto-Asset User, a Reporting Crypto-Asset Service Provider may rely on information collected and maintained pursuant to Customer Due Diligence Procedures, provided that such procedures are consistent with Directive (EU) 2015/849.


More Definitions of Customer Due Diligence Procedures

Customer Due Diligence Procedures means
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Related to Customer Due Diligence Procedures

  • Due Diligence At any time prior to the Closing Date, the Underwriters have the right to inspect the Asset Files and the related loan origination procedures and to confirm the existence of the related manufactured homes or mortgaged properties to ensure conformity with the Final Prospectus and the Prospectus Supplement.

  • Bidding Procedures means the bidding procedures approved by the Bankruptcy Court pursuant to the Bidding Procedures Order.

  • Customer Materials any materials, data, information, software, equipment or other resources owned by or licensed to You and made available to Us pursuant to facilitating Your use of the Services, including Customer Data.

  • Business Customer means a customer who is not a residential customer.