Entire Section
AML 14.2 AML 14.2 Group policies
AML 14.2.1
A
Relevant Person which is part of aGroup must ensure that it:(a) has developed and implemented policies and procedures for the sharing of information betweenGroup entities, including the sharing of information relating toCustomer Due Diligence and money laundering risks;(b) has in place adequate safeguards on the confidentiality and use of information exchanged between Group entities, including consideration of relevant data protection legislation;(c) remains aware of the money laundering risks of theGroup as a whole and of its exposure to theGroup and takes active steps to mitigate such risks;(d) contributes to aGroup -wide risk assessment to identify and assess money laundering risks for theGroup ; and(e) provides itsGroup -wide compliance, audit and AML functions with customer account and transaction information from branches and subsidiaries when necessary for AML purposes.