Singapore legislation
Clause 75
Clause 75
Customer due diligence measures, additional measures and measures relating to targeted financial sanctions
(1)
A pawnbroker must perform the customer due diligence measures specified in Part 2 of the Third Schedule.
(2)
A pawnbroker must perform the additional measures specified in Part 3 of the Third Schedule.
(3)
A pawnbroker must perform the measures relating to targeted financial sanctions against terrorism in Part 4 of the Third Schedule.
(4)
A pawnbroker which contravenes subsection (1), (2) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000.