CmaBylaw
Executive Bylaws
5-12 Of Module Sixteen: Anti-Money Laundering and Combating Financing of Terrorism
Section: Chapter Five: Suspicious Transactions Report
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Thursday, 16 February 2017
Whenever a suspicious transaction report has been made to the Kuwait Financial Intelligence Unit and it becomes necessary to make further enquiries of the client, great care must be taken to ensure that the client does not become aware that the suspicious transaction report has been made. A Licensed Person shall continue its business dealing with the reported clients as usual, it must not warn its clients or other relevant parties of the suspicious transactions, and it shall await further actions made with regard to the suspicious transaction report.
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