Publication of the AML/CFT Supplemental Information Document
The IOM FSA have published their Supplemental Information Document for the revised AML/CFT Code 2019. The document aims to provide extra information to relevant persons supervised or overseen for Anti-Money Laundering and Countering the Financing of Terrorism. A reminder that the information contained in the Supplemental Information document does not have the status of guidance nor is it legislation or legal advice.
The document provides clarity and additional information on topics such as:
- What information to verify
- Examples of methods to verify identity and address
- Introduced business scenarios
The document can be found here
