Regulations Governing Anti-Money Laundering and Counter-Terrorist Financing for Certified Public Bookkeepers and Bookkeeping and Tax Return Filing Agents Article 8

A certified public bookkeeper or bookkeeping and tax return filing agent shall perform his or her own customer due diligence operations in Article 3 to the preceding Article. However, if it is otherwise permitted by law or the Ministry of Finance that a certified public bookkeeper or bookkeeping and tax return filing agent may rely on third parties to perform the identification and verification of the identities of customers, agents, and beneficial owners or the purpose and intended nature of the business relationship, the a certified public bookkeeper or bookkeeping and tax return filing agent relying on the third party shall still bear the ultimate responsibility for customer due diligence measures and comply with the following provisions:1. A certified public bookkeeper or bookkeeping and tax return filing agent relying on a third party shall be able to immediately obtain the necessary customer due diligence information.2. A certified public bookkeeper or bookkeeping and tax return filing agent shall take adequate steps to satisfy itself that copies of identification data and other relevant documentation relating to the customer due diligence requirements will be made available from the third party upon request without delay.3. A certified public bookkeeper or bookkeeping and tax return filing agent shall make sure that the third party he or she relies on is regulated, supervised, or monitored, and has appropriate measures in place for compliance with customer due diligence and record-keeping requirements.4. A certified public bookkeeper or bookkeeping and tax return filing agent shall make sure that the jurisdiction where the third party that the certified public bookkeeper or bookkeeping and tax return filing agent relies on is located has AML/CFT regulations in place that are consistent with the standards set out by the Financial Action Task Force.