Supervisory Circular – Third Party Reliance Testing for Agents/Nominees and Eligible Introducers

The Cayman Islands Monetary Authority (“Authority”) has provided an update on May 19, 2022 in which it reminds all regulated entities of their obligations in respect of the application of third-party reliance testing for a person acting as an agent/nominee (including nominee investors) (“Nominee”) or eligible introducer (“EI”) under Regulations 24 and 25 of the Anti-Money Laundering Regulations (2020 Revision) (“AMLRs”) and the Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands, 5 June 2020 (“GNs”).

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Regulated entities are required to conduct third party reliance testing to satisfy that the EI or the Nominee has conducted the requisite Customer Due Diligence in accordance with the Regulations:

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This includes:

1. Conducting third party reliance testing where an EI is being relied upon (under Regulation 25 of the AMLRs);
2. Obtaining a written assurance from the Nominee (in the form required in Regulation 24 of the AMLRs), which must confirm, amongst other things, that the Nominee will provide Identification and verification data without delay; and
3. Conducting third party reliance testing on the Nominee.

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The Authority reiterates that, as set out under Regulations 24(3) and 25(3), the regulated entity relying on an EI or Nominee retains ultimate responsibility for compliance with the customer due diligence requirements under the AMLRs.

Should you need any further information, please email to contact AMLCFT@cima.ky.

For regulated entities, you are strongly encouraged to subscribe to the newsletter from the Authority for regulatory updates. Click HERE to subscribe to the Newsletter from CIMA RSS Feed!

Thank you for your attention to this matter.

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PORTCULLIS GROUP
www.portcullis.co

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管理通告 – 代理人/被指定人及合格引薦人的第三方信赖度測試

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開曼群島金融管理局（下稱「金管局」）已於2022年5月19日發出更新資訊，提醒所有受監管實體必須為代理人/被指定人（包括投資被指定人）（下稱「被指定人」）或合格引薦人申請第三方信賴度測試的義務，悉依「洗錢防制法（2020年修改法）」第24及25準則及「2020年6月5日開曼群島洗錢、資助恐怖主義及資助核武擴散防止暨偵查法」施行細則（下稱「施行細則」）的規定。

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受監管實體必須進行第三方信賴度測試，以確保合格引薦人或被指定人已依上述法規完成必要的客戶盡職調查，包括

1. 若信賴任一合格引薦人，則須進行第三方信賴度測試（依洗錢防制法第25準則）。
2. 向被指定人索取保證書（依洗錢防制法第24準則規定的格式內容），其中內容必須確認之事，包括被指定人應立即提供身分證明及查核資料。
3. 對被指定人進行第三方信賴度測試。

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金管局重申，依上述準則第24(3)及25(3)條規定，信賴合格引薦人或被指定人的受監管實體，對於遵守洗錢防制法的客戶盡職調查規定，仍須負最終責任。

倘貴公司需要任何進一步資訊，請電郵至contact AMLCFT@cima.ky。

在此強烈鼓勵受監管實體訂閱金管局的公務通訊，以便獲得最新管理資訊。請點選此處訂閱來自CIMA RSS Feed的公務通訊!

感謝貴公司對此事的關注。

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保得利集團
www.portcullis.co