Regulations Governing Anti-Money Laundering of Financial Leasing Enterprises Article 9

A financial leasing enterprise shall establish policies and procedures for transaction monitoring and could utilize information system to assist in the detection of suspicious ML/TF transactions. Those policies and procedures shall be updated periodically.Those policies and procedures in the preceding paragraph shall include at least the following ML/TF monitoring indicators:1. The customer applies for financing leasing business, and the transactions are apparently incommensurate with the identity, income, or nature of business of the customer.2. The customer repeatedly makes a repayment which is not fitted the contract-agreed repayment amount in each period without a reasonable purpose.3. The customer splits a leasing asset into several parts, and separately establishes business relationships with several financing leasing enterprises without a reasonable purpose.4. After the establishment of business relationship, the financial leasing enterprise discover a customer is suspicious and reconfirm with the customer that a transaction is denied by the customer, or the identity of the customer is invalid, or names of the customer is faked with proof or evidence.5. The financial leasing transactions conducted by an individual involved in a special and significant case that is reported by television, press, internet or other media are apparently unusual.6. 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.7. Other suspicious ML/TF transactions discovered by the financial leasing enterprise.