This information will help you understand and implement reforms related to reliance on customer identification and verification by a third party, which came into effect on 17 June 2021.
- Reliance on customer identification procedures by a third party
- Quick guide – reliance under a customer due diligence arrangement (PDF, 160KB)
- Quick guide – reliance on a case-by-case basis (PDF, 155KB)
Key legislation
- Sections, 37A, 37B and 38 of the AML/CTF Act
- Chapter 7 of the AML/CTF Rules