AML 1.3.3

(1) Responsibility for a Relevant Person's compliance with the AML Rulebook lies with every member of the Governing Body and its Senior Management.
(2) In carrying out their responsibilities under the AML Rulebook every member of a Relevant Person's Governing Body, its Senior Management and MLRO (as the case may be) must exercise due skill, care and diligence.
(3) Nothing in this Rule precludes the Regulator from taking enforcement action against any Person, including any one or more of the following Persons, in respect of a breach of any Rule in the AML Rulebook:
(a) a Relevant Person;
(b) members of a Relevant Person's Senior Management; or
(c) an Employee of a Relevant Person.
Amended on (15 April, 2019).