Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Terms & Conditions.
text for Terms & Conditions:
T's & C's: Anti-money Laundering and Counter Terrorist Financing - Co-operation
Change Date : 23/04/2025 | Word Count: 67 | Deployment Measure : 8/10
Rationale:
This draft wording explains that if the client fails to provide necessary information for the firm to meet its AML obligations, the firm may charge for any extra checks it needs to carry out. It also states that the firm may decline to act if it cannot complete these compliance requirements.
If you do not cooperate with us in providing all information that we require to comply with our statutory obligations we reserve the right to charge you for any additional
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