YOUR IDENTITY. 28.1 To comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and related law, it may be necessary for us to: (a) obtain from you and retain in our records evidence of the identity of; and/or (b) carry out an electronic verification check and/or credit check via a third party provider on, you and/or your directors, officers, shareholders, partners, trustees, beneficiaries, Authorised Persons and/or beneficial owners (as appropriate). If we are not satisfied with the documentation provided or the results of such checks, we will not be able to accept any Orders. We shall keep records of the documentation and results of such searches in accordance with our data retention policy. You acknowledge that us carrying out electronic checks will leave a soft footprint on the relevant individual or entity’s credit history. You warrant that you have obtained the consent of each person which will be subject to such checks prior to accepting these Terms. 28.2 We are obliged to report any reasonable suspicions we have about you or any Orders received to the regulatory authorities.
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Sources: Framework Contract, Framework Contract, Framework Contract