Housing Developers (Anti-Money Laundering and Terrorism Financing) Rules 2023
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Definitions
Part 2 CUSTOMER DUE DILIGENCE MEASURES
3 Prescribed customer due diligence measures
4 Licensed housing developer to perform customer due diligence measures in certain circumstances
5 General customer due diligence measures for purchaser
6 Customer due diligence measures for purchaser that is entity or legal arrangement
7 Customer due diligence measures for person purporting to act on behalf of purchaser
8 Enhanced customer due diligence measures
9 Simplified customer due diligence measures
10 Risk analysis
11 Customer due diligence measures for existing purchasers
Part 3 OTHER MEASURES
12 Performance of customer due diligence measures by third parties
13 Ongoing monitoring
14 Additional measures relating to targeted financial sanctions
15 Keeping of records
Part 4 NEW TECHNOLOGIES AND BUSINESS PRACTICES
16 Identifying risks from new technologies, etc.
17 Managing and mitigating risks from new technologies, etc.