Regulation 18A

any branch; or

any subsidiary where more than 50% of the shares or other equity interests of the subsidiary are owned by the Singapore law practice.

the measures specified in rule 18(2), and for this purpose a reference to the law practice’s partners, directors and employees in rule 18(2)(f) is a reference to the partners, directors and employees of the law practice and every branch and subsidiary mentioned in paragraph (1); and

subject to paragraph (4), measures to share information —

between the Singapore law practice’s branches and subsidiaries, and the Singapore law practice; and

among the Singapore law practice’s branches and subsidiaries,for the purpose of performing customer due diligence measures or managing the risks of money laundering, the financing of terrorism and proliferation financing.

must incorporate adequate safeguards to —

protect the confidentiality and use of any information that is shared; and

not tip off any person arising from any information that is shared (including to not share the information, where appropriate); and

only apply to the extent permitted by the law of the foreign country or territory that the Singapore law practice’s branch or subsidiary (as the case may be) is in.