AML 9.2.2
An
(a) not enter into a correspondent banking relationship with a Shell Bank ; and
(b) take appropriate measures to ensure that it does not enter into, or continue a corresponding banking relationship with, a bank which is known to permit its accounts to be used by Shell BankS .
Derived from RM117/2013 [VER9/07-13]
[Amended] DFSA RM196/2016 (Made 7th December 2016). [VER13/02-17]
[Amended] DFSA RM196/2016 (Made 7th December 2016). [VER13/02-17]