Section 7, The Anti-Money Laundering Act, 2005

Where in any case under this Act, the report referred to insubsection (4) of section 6 is made in good faith, the financial institution and its employees, staff, directors, owners or other representatives as authorised by law shall be exempted from all criminal, civil or other liability, as the case may be, for complying with this Act or for breach of any restriction on disclosure of information imposed by contract or by any legislative, regulatory or administrative provision, regardless of the result of the report. Identification of customers. Identification of beneficial owners. Special monitoring of certain transactions. Removal of banking or professional secrecy, etc. No. 6 Anti-Money Laundering Act 2005No. 6 Anti-Money Laundering Act 20058 9