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BNM Surveillance Programme - Customer Due Diligence Assessment  print
We wish to remind all members of their continuous obligations to conduct Customer Due Diligence (CDD) assessment on all their clients and to implement a comprehensive risk-based approach in managing Money Laundering and Financing of Terrorism (ML/TF) risks, at all times.

Members can refer to Clause 13.4 of BNM/FIED/05 on CDD Requirements (Document) to conduct CDD on individual customers and beneficial owners and Clause 13.5 on enhanced CDD as a guide.

Please click here to view the document in BNM website.

Please click here to view the CDD Form that has been developed by the Institute.