Remote identification will be possible in the prevention of income for crimes
The Modifying Regulation of the Regulation for the Prevention of Laundering of the Proceeds of Crime and the Financing of Terrorism, prepared by the Ministry of Finance, entered into force after its publication in the Official Gazette.
The regulation regulates the procedures and principles related to the obligors and the control of the fulfillment of the obligations, the disclosure to the customs administration and other measures to prevent the laundering of the proceeds of crime and the financing of terrorism.
With the regulation, legal persons registered in the commercial register were also included in the article of the regulation on remote identification of natural persons.
AUTHORITY OF THE MINISTRY
Consequently, remote identification methods can be used to verify the identity of the client in the establishment of a permanent commercial relationship with a natural or legal person registered in the commercial register, if the legislation relative to the obligor’s main field of activity allows it. the establishment of a contract with methods that allow the verification of his identity without face-to-face contact with the client.
The Ministry will be empowered to determine the principles relating to the client in remote identification, the methods to be applied and other measures in the field of client recognition, as well as other types of operations that can be identified remotely by the regulated entities. . AA
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
