10.3. AML/CFT requirements for financial institutions with foreign operations

Real estate agents should imple-

Casinos should implement

ment these measures with respect

these measures when their cus-

to both purchasers and vendors of

tomers engage in a financial

the property

transaction equal or above the

applicable threshold

Casinos must be able to link CDD

Reporting requirements

information for a particular custom-

er to his transactions in the casino

Dealers in precious metals and

It is not required to report suspi-

dealers in precious stones

cious transactions if the relevant

should report suspicious cash

information was obtained in cir-

transactions with a customer

cumstances where the persons are

equal or above the applicable

subject to professional secrecy or

designated threshold

legal professional privilege

Lawyers

(a) In performing the task of

defending or representing the

Notaries

client in judicial and other

proceedings

Independent legal professionals

(b) In the course of ascertaining

Independent accountants

the legal position of the client

STRs can be sent to appropriate

Reporting activities should be

self-regulatory organizations,

provided that they cooperate with

extended to all professional ac-

the FIU

tivities of accountants

If these persons seek to dissuade a

client from engaging in illegal ac-

Including auditing

tivity, this does not amount to tip-

ping-off

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