Anti-Money Laundering Law

1- Financial institutions provide wire transfer activities shall obtain information on the originator and beneficiary and ensure that such information is kept with the wire transfer or related message throughout the payment chain. A financial institution that is unable to obtain required originator or beneficiary information shall not permit the execution of the wire transfer. 2- A financial institution shall record all originator and beneficiary information and keep the records, documents, data, and files in accordance with Article 12. 3- A financial institution shall comply with all measures on wire transfers as set out in the Implementing Regulation.