Financial Crime World

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Regulatory Compliance Questionnaire

Institutional Information

[Institution Name], a [financial institution/organization], hereby confirms that it has performed an appropriate level of due diligence with regard to its principal owners.

  • PEP Disclosure: Yes, our institution has confirmed that none of its principal owners are considered Politically Exposed Persons (PEPs).

Regulatory Environment

Our key regulatory authority is the [Name of Regulatory Authority]. Our country has established laws designated to combat Money Laundering and Financing of Terrorism according to FATF/ GAFI standards and controls. We comply with these regulations and require all financial institutions to have AML/CFT and KYC procedures.

Institution’s KYC, AML, and CFT Policies and Procedures

We have implemented policies and procedures for:

  • Customer identification
  • Due diligence
  • Reporting
  • Transaction monitoring
  • Employee training

Our employees involved in providing MSB services have received AML/ CFT compliance training covering:

  • AML
  • Country sanctions
  • Reporting
  • Transaction monitoring

Customer Identification and Due Diligence

We verify customers’ identity using reliable sources of documents, data, or information. We maintain all relevant personal details of our customers required by our regulatory authority in accordance with record retention procedures.

Required Documents

We submit the following documents:

  • Registration Certificate
  • License Certificate
  • Memorandum of agreement or association (partnership agreement)
  • Copy of majority owners’ ID (who owns more than 10% of the capital)
  • KYC, AML, and CFT Policies & Procedures
  • Latest Annual Report
  • List of branches and agents
  • List of trained employees related to AML

Financial Institution Authorized Signatories

I certify that the statements made in this questionnaire are complete and accurate, and that I am authorized to execute this questionnaire on behalf of [Institution Name].

Signature: ________________________________ Date: _______________________________________

For National Bank of Egypt Use:

Received and reviewed by: Title: _______________________________________ Date: _______________________________________