S.L. 386.34 Art. 12No derogation from existing obligations.     Cap. 373.

(1) The provision of data and information by users to the Registrar in accordance with these regulations shall not imply that such users do not remain equally obliged to provide any information requested of them by any subject persons taking customer due diligence measures in accordance with the Prevention of Money

Laundering Act and applicable regulations.

(2) Subject persons shall not rely on the data, information and reports that are securely uploaded or otherwise submitted by such subject persons acting on behalf of a user through the repository, to fulfil any of their customer due diligence obligations and any other obligations imposed by them through applicable laws, and shall not exonerate such subject persons from any responsibilities and duties incumbent upon them in terms of such applicable laws.