01 August 2013

AML/CFT acting on behalf of a customer fact sheet

A person is acting on behalf of a customer when that person is operating or transacting on an account or facility that is held by another party (the customer).

A person acting on behalf of a customer is subject to the same identification requirements as the customer.

Download the Acting on behalf of a customer fact sheet, PDF.

The fact sheet should be read in conjunction with the beneficial ownership guideline.