Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009

  Table of Contents

  Enacting Formula

1 Citation and commencement

2 Definitions

3 Application of these Rules

4 General principles

5 Internal policies, procedures and controls

5A Group policy

5B Assessment of risks

6 Initial and ongoing CDD measures

6A Customer screening

6B Existing borrowers

6C General obligations for all CDD measures

6D Simplified CDD measures

6E Enhanced CDD measures for politically-exposed persons

6F Enhanced CDD measures in other cases

6G Performance of CDD measures by third parties

7 Suspicious transaction reporting

7A Tipping-off

7B Record keeping

8 Audit and compliance

9 Employees and officers

9A Personal data

10 Power to issue guidelines and directions

11 General penalty

12 Revocation