Assignment 9

Task 1
To approve the mortgage loan, I will ask my clients if they have documents to prove that they have sufficient
funds, tax returns, nuptial contract (in case of divorce), bank account activity, list of assets and liabilities.

Task 2
The Due Diligence measures I will take in order to comply with the AML international standards:
a) seeking additional information from the customer about the purpose and intended nature of business
relationship
b) carrying out additional searches (e.g., verifiable adverse media searches) to inform the individual
customer risk assessment, customer business activity, etc.
c) because of unusual large sum of money, we need to investigate if it’s not involved in money laundering
or terrorist financing.
The documentation I will require: id or passport, source of funds or wealth, prove of his incomes, more
information about company structure and activities.
Task 3
Necessary documents I will require to Mary Jane will be the proof of gaining money from lottery, tax payment.
Due diligence measures I will apply in this case:
a) commissioning an intelligence report on the customer or beneficial owner to understand better the risk
that the customer or beneficial owner may be involved in criminal activity.
b) obtaining additional identifying information from a wider variety or more robust sources and using the
information to inform the individual customer risk assessment, etc.