Name of Institution:……………………
Address of Institution:………………….
Question Yes No Comments
1- Has your country established laws designed to ......
prevent money laundering and is your institution
subject to such laws?
2- Is your institution regulated by national authority? ......
If “Yes”, please specify the name of that authority
and registration / license number.
3- Does your institution have a written policy and ......
procedures to combat money laundering and do your
employees know it?
4- Does your institution have a written policy to ensure ......
that reasonable measure are taken to obtain information
about the true identity of customers so as to ensure
legitimate activities?
5- Has your institution established a written policy for ......
reporting suspicious transactions to the appropriate
authorities?
6- Does your institution maintain records on customer ......
identification, account files and correspondence for
a period of at least five years after the closure of the
account or completion of the transaction?
7- Has your institution updated the policy and procedures ......
for any FATF recommendations specially on Terrorist
financing VI , VII and VIII?
8- Has your institution established an employee-training ......
program to raise awareness on money laundering and
help employees identify any suspicious activity?
9- Does your institution have an established audit and ......
compliance review function to test the adequacy of
anti-money laundering policies and procedures?
10- Does your institution cooperate with local authorities ......
so as to permit investigation of suspicious activities as
well as provide, If necessary, evidence for prosecution
of criminal behavior?
11- Does your institution have a policy of not opening ......
accounts for a Shell bank that des not have a physical
presence in any country?
12- Please provide name/s of direct or indirect owner/s who ......
own/s 10% or more of your institution. (Owner means a
person Individual, banks, corporations, partnership,
limited liability company, joint stock company or any
other legal entity)
13- Please provide a list of your Senior Executive Management......
14 - Please provide a list of your current Board Members......
15 – Name of your Compliance / AML officer
Title:……………………………………
Tel.:…………………………………….
E-mail:………………………………….
We hereby undertake to inform you of any change in the above information.
Questionnaire completed by:………………………………………………………
Name & Title :…………………………………………………………………….
Date:……………………………………………………………………………….