S.L. 233.11 Art. 10Anti Money- Laundering obligations. Cap. 373.

(1) The appointed registration agent shall ensure full compliance with the provisions of these regulations, the Prevention of Money Laundering Act, regulations issued thereunder and implementing procedures issued by the Financial Intelligence Analysis Unit when registering any asset/s under this Scheme and shall therefore be bound to comply with all the obligations imposed on a subject person, including customer due diligence and the collection of information on the source of funds.

(2) Nothing in these regulations shall be construed as exempting the applicant or any other person from liability for the commission of any crime or from prosecution for any crime other than a crime under the relevant laws.