Common use of Action contrary to law Clause in Contracts

Action contrary to law. No Agent shall be under any obligation to do anything that would or might in its opinion, acting reasonably, be contrary to any law of any jurisdiction or any directive or regulation of any agency of any state or any internal policies relating to ‘know your client’ or anti money laundering or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, acting reasonably, necessary to comply with any such law, directive or regulation.

Action contrary to law. No Agent shall be under any obligation obliged to do anything that would or might in its opinion, acting reasonably, opinion be contrary to any law of any jurisdiction or any internal policies or regulations relating to KYC or anti-money laundering or any directive or regulation of any agency of any state or any internal policies relating to ‘know your client’ or anti money laundering or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, acting reasonably, necessary to comply with any such law, directive or regulation.