Quiz time - SG LDD

Under normal circumstances, do we need to screen Alias and/ or Former names of customer/ customer controllers/ beneficial owners and authorized signers?

• Yes

• No

For the Alias and / or Former Name of client entity, under related parties tab in CDD, which of the following is correct for party type and purpose of Related Party?

• Other Related Parties; tag to both Country Due Diligence Requirements ‘Singapore’ and Corporate Requirement

• Other Related Parties; tag to Country Due Diligence Requirements ‘Singapore’

• Other Related Parties; tag to Corporate Requirement

• Board Member/Director; tag to Corporate Requirement

For High Risk (including all foreign PEPs and domestic high risk PEPs), how many customer controllers that need to verify?

• 1

• 2

• 3

• All customer controllers

Can we use ACRA/ other company registries extracted from reliable/ independent sources for the verification of identity of a customer controller?

• Yes

• No

For non high risk and non SDD, which of the following information that need to identify and verify for customer controllers?

• 1) Full names (including any aliases, and former names); 2) Unique ID no; 3) Existing Residential address

• 1) Full names (including any aliases, and former names); 2) Unique ID no; 3) Existing Residential address; 4) DOB

• 1) Full names (including any aliases, and former names); 2) Unique ID no

• 1) Full names (including any aliases, and former names); 2) Unique ID no; 3) Existing Residential address; 4) DOB; 5) Nationality

For Independent Directors, do we need to identify and add for screening?

• Yes

• No

For uploading SG (APAC) consent letter in CDD, which effective date should be selected?

• Signing date of consent letter

• Date of uploading the consent letter

• No specific requirement

Which of the following document cannot be certified by client's customer controller or in-house lawyer/ auditor/ notary or company secretary?

• Memorandum and Articles of Association

• Identification document of other customer controllers

• His/ Her own identification document

• Board Resolution

For certification, which of the following information is not required to be included about the individual certifying:  

• Full name

• DOB

• Signature of the certifier

• Position/Capacity in which they are certifying

Which of the following is not classified as Institutional Investor?

• An entity that is wholly and beneficially owned, directly or indirectly, by a central government of a country 

• An approved Designated Market-Maker by SGX-ST

• Privately held company

• A Central Bank in a jurisdiction other than Singapore