Customer due diligence measures
5.  For the purposes of section 48I(1) of the Act, the customer due diligence measures to be performed by a prescribed person before entering into any cash transaction referred to in section 48I(1)(a) or (b) of the Act with any customer are —
(a)to obtain and record the customer’s identifying information;
(b)to verify the customer’s identity using reliable and independent sources (such as the customer’s identity card, passport or other document of identity issued by a government, for a customer who is an individual); and
(c)to enquire whether the customer is the owner of the cash received as payment in the cash transaction, and if not, to obtain and record the identifying information of the owner of that cash.