• AML/CFTR Division 3.4.C AML/CFTR Division 3.4.C Third party certification—identification documents

    • AML/CFTR 3.4.12 Third party certification of identification documents

      (1) A firm must not rely, for CDD, on the certification of an identification document by a third party rather than sighting the document itself unless it is reasonable for it to rely on that certification.
      (2) Without limiting subrule (1), the firm must not rely on the certification of an identification document by a third party unless the third party is an individual approved under subrule (3).
      (3) The senior management of the firm may approve an individual under this subrule if the firm's MLRO has certified that the MLRO is satisfied, on the basis of satisfactory documentary evidence, that the individual:
      (a) adheres to appropriate ethical or professional standards;
      (b) is readily contactable; and
      (c) conducts his or her occupation or profession in Qatar or a foreign jurisdiction with an effective AML/CFT regime.
      Derived by QFCRA RM/2019-8 (as from 1st February 2020)