CBB Volume 4: Contents

Central Bank of Bahrain Volume 4—Investment Business
Part A
Business Standards
FC Financial Crime
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Investment firm licenseesG must conduct ongoing due diligence on the business relationship, including;

(a) Scrutinizing transactions undertaken throughout the course of that relationship to ensure that the transactions being conducted are consistent with the institution's knowledge of the customer, their business and risk profile, including, where necessary, the source of funds; and
(b) Ensuring that documents, data and information collected under the CDD process is kept up-to-date and relevant, by undertaking reviews of existing records, particularly for higher risk categories of customers.
Amended: October 2017
Added: October 2014
(2 Versions)
Oct 1 2014 - Sep 30 2017Oct 1 2017 onwards
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