Financial Crime World

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Central Register Requirements for Banks

Based on the provided text, it appears that there are no specific banks or bank branches that must maintain a central register in such a way that a customer’s identity details are not visible or are otherwise protected during the processing of transactions.

Designation of Administrator and Access to Register

While institutions do have requirements for maintaining a central register, they need to designate an administrator for the central register. The Compliance department also has access to the register.

Customer Due Diligence Requirements for Certain Institutions

However, certain institutions are subject to specific requirements regarding customer due diligence. These include:

  • Institutions regulated by the Wwft (Wet ter voorkoming van witwassen en financiering van terrorisme)
  • Requirements for identifying ultimate beneficial owners (UBOs)

Key Takeaways

  • There is no list of banks or bank branches that should maintain a central register in such a way.
  • The text does not provide information on specific institutions that should maintain a central register.

If you are looking for more information on anti-money laundering and customer due diligence regulations, I would be happy to help.