CFATF – SKN – follow-up report November, 2013
This report represents an analysis of St. Kitts and Nevis’ report to the CFATF Plenary concerning the progress it has made with regard to correcting the deficiencies that were identified in its third round Mutual Evaluation Report.
Read MoreNovember 2013 Newsletter – Customer Due Diligence (CDD) cont’d
When performing elements (a) and (b) of the CDD measures specified under Recommendation 10, (identified on pg 1 of last month’s issue) financial institutions should also be required to verify that any person purporting to act on behalf of the customer is so authorised and should identify and verify the identity of that person.
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