When must an obliged entity identify its customer?
Obliged entities identify their customer and, where relevant, the beneficial owner before entering into a business relationship, and verify those elements against supporting documents. Vigilance continues throughout the relationship.
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Source
- Source
- Monetary and Financial Code, article L561-5
- Acts
- French Monetary and Financial Code
- Area
- Finance, money laundering and integrity
- Checked
- 2026-09-21
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