Regulations Governing Anti-Money Laundering of Financial Leasing Enterprises Article 4

If there exists any of the following situations in the CDD process, a financial leasing enterprise should decline to establish business relationship or carry out any transaction with the customer:1. The customer is suspected of opening an anonymous account or using a fake name, a nominee, a shell company or legal persons/organization to establish business relationship;2. The customer refuses to provide the required documents for identifying and verifying its identity;3. Where any person acts on behalf of a customer to establish business relationship, it is difficult to check and verify the fact of authorization and identity-related information;4. The customer uses forged or altered identification documents;5. The customer only provides photocopies of the identification documents;6. Documents provided by the customer are suspicious or unclear, the customer refuses to provide other supporting documents or documents provided by the customer cannot be verified;7. The customer procrastinates in providing identification documents in an unusual manner;8. The customer is an individual, a legal person or an organization sanctioned under the Terrorism Financing Prevention Act, or a terrorist or terrorist legal person or an organization identified or investigated by a foreign government or an international organization, except for payments made under Subparagraphs 2 ~ 4, Paragraph 1, Article 6 of the Terrorism Financing Prevention Act; or9. Other unusual circumstances exist in the process of establishing business relationship or conducting transaction and the customer fails to provide reasonable explanations.