| Issue Number : 3261

KYC Principles for Auction Houses Strengthened

The Ministry of Finance (“Ministry’) has now tightened Know-Your-Customer (“KYC”) principles for auction houses through the issuance of Ministry Regulation No. 156/PMK.06/2017 on the Implementation of Know-Your-Customer Principles by Auction Houses (“Regulation 156/2017”).
 
Regulation 156/2017 seeks to enhance the implementation of KYC principles by auction houses and this is specifically addressed in the following sections:
......

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The Ministry of Finance (“Ministry’) has now tightened Know-Your-Customer (“KYC”) principles for auction houses through the issuance of Ministry Regulation No. 156/PMK.06/2017 on the Implementation of Know-Your-Customer Principles by Auction Houses (“Regulation 156/2017”).
 
Regulation 156/2017 seeks to enhance the implementation of KYC principles by auction houses and this is specifically addressed in the following sections:
......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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