Minimum KYC – SIFIU Guideline No. 1 2013
Financial Institutions, Cash dealer or Legal practitioner under section 12A of the Money.
Laundering and Proceeds of Crime (Amendment) Act 2010, are required to identify and verify the identity of their customer.
This Guideline is issued outlining the minimum KYC risk based classification (as annexed) for financial institutions to apply to their customers.