Customer due diligence and record-keeping requirements for designated non-financial businesses and professions
When customers engage in a financial transaction equal or above the 3,000 USD/EUR applicable threshold
CDD measures, R. 10
Record keeping, R. 11
PEPs, R. 12
New technologies, R. 15
Reliance on third parties, R. 17
Apply to DNFBPs in the following situations, R. 22
Casinos
Real estate agents
Dealers in precious metals
Dealers in precious stones
When they engage in any cash transaction equal or above the 15,000 USD/EUR applicable threshold
When they are involved in transactions for their client concerning the
Lawyers
Notaries
Independent legal professionals
Independent accountants
Trust and company service providers
Prepare for or carry out transactions for a client concerning all activities listed in the definition of TCSPs
Managing of
Money
Securities
Other assets
Bank accounts
Securities accounts
Savings accounts
Organization of contributions for the
Creation, operation or management of
Buying and selling of real estate
When customers engage in financial transactions equal or above the 3,000 USD/EUR applicable threshold
Legal persons and their arrangements (companies, business entities)
10.5. Other AML/CFT requirements for designated non-financial businesses and professions
Reporting activities should be extended to all professional activities of accountants
Casinos must be able to link CDD information for a particular customer to his transactions in the casino
Dealers in precious metals and dealers in precious stones should report suspicious cash transactions with a customer equal or above the applicable designated threshold
CDD measures, R. 10
Real estate agents should implement these measures with respect to both purchasers and vendors of the property
Casinos should implement these measures when their customers engage in a financial transaction equal or above the applicable threshold
Including auditing
Lawyers
Notaries
Independent legal professionals
Independent accountants
It is not required to report suspicious transactions if the relevant information was obtained in circumstances where the persons are subject to professional secrecy or legal professional privilege
(b) In the course of ascertaining the legal position of the client
(a) In performing the task of defending or representing the client in judicial and other proceedings
STRs can be sent to appropriate self-regulatory organizations, provided that they cooperate with the FIU
If these persons seek to dissuade a client from engaging in illegal activity, this does not amount to tipping-off
