In forceAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)
Housing Developers (Prevention of Money Laundering, Proliferation Financing and Terrorism Financing) Rules 2023 · As enacted · Part 2 · Customer Due Diligence Measures
7. Customer due diligence measures for person purporting to act on behalf of purchaser
Feedback & supportAt the relevant time specified in rule 4(1), a licensed housing developer must perform the following customer due diligence measures in relation to a person purporting to act on behalf of a purchaser:
(a)
ascertain and obtain the identifying information of the person;
(b)
ascertain whether the person is authorised to act on behalf of the purchaser, including by obtaining the appropriate evidence in writing of the authorisation and appointment of the person by the purchaser to act on the purchaser’s behalf.