Chapter Two: Financial Institutions, Designated Non-Financial Businesses and Professions, Virtual Asset Service Providers, and Non-Profit Organizations · Part One: Financial Institutions and Designated Non-Financial Businesses and Professions · Division Three: Customer Due Diligence and Beneficial Owner Identification Procedures
Financial Institutions, Designated Non-Financial Businesses and Professions, and Virtual Asset Service Providers shall comply with the following:
1. Refraining from dealing with Shell Banks in any manner whatsoever, including opening bank accounts therefor or accepting funds or deposits therefrom.
2. Refraining from opening or maintaining anonymous accounts or accounts held under obviously fictitious names.
Interpretation and application must be checked against the official text and current version.
