Laos
2 regulators · 4 laws & regulations · 1 obligation
| Obligation | Timing | Regulator | Arises from | Source | Detail |
|---|---|---|---|---|---|
| Banking | |||||
| Customer due diligence (KYC/CDD) | At onboarding + ongoing | AMLIO | Law on Anti-Money Laundering and Counter-Financing of Terrorism (Amended) No. 64/NA | source | |
Art. 19 sets know-your-customer duties, Art. 20 requires CDD when establishing a business relationship with a new customer (among other triggers) and ongoing monitoring, and Arts. 21-24 cover collection of customer information, politically exposed persons, correspondent banks and money transfer information. Detailed measures are in Decision No. 11/NCC of 29 May 2025, listed on the AMLIO site. |
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| No obligations match these filters. | |||||