Article 34 4

(a)

obtaining additional information on the customer and the beneficial owners;

(b)

obtaining additional information on the intended nature of the business relationship;

(c)

obtaining additional information on the source of funds, and source of wealth of the customer and of the beneficial owners;

(d)

obtaining information on the reasons for the intended or performed transactions and their consistency with the business relationship;

(e)

obtaining the approval of senior management for establishing or continuing the business relationship;

(f)

conducting enhanced monitoring of the business relationship by increasing the number and timing of controls applied, and selecting patterns of transactions that need further examination;

(g)

requiring the first payment to be carried out through an account in the customer’s name with a credit institution subject to customer due diligence standards that are not less robust than those laid down in this Regulation.