Acting on behalf of a customer fact sheet
A reporting entity is required to verify the identity of persons acting on behalf of a customer and is also required to verify that they have appropriate authority to act on behalf of the customer.
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Example: "How do I apply for a financial institution licence?", "FMA Annual Report 2024"
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A reporting entity is required to verify the identity of persons acting on behalf of a customer and is also required to verify that they have appropriate authority to act on behalf of the customer.