Banks and other financial institutions, such as SelfWealth, must comply with AML/CTF
Customer identification: Know your customer (KYC) | AUSTRAC
If they don't they get fined
Consequences of not complying | AUSTRAC
Looks like you both fall under the 'high risk' category, probably due to lots of money movement / unusual trading, so they need to follow
Enhanced customer due diligence (ECDD) program | AUSTRAC
In particular, from that link, 'take reasonable measures to identify the customer’s and beneficial owners’ source of wealth and funds'
Banks and other financial institutions, such as SelfWealth, must...
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12.3¢ |
Change
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Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.3¢ | $13.17K | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 511271 | 12.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 53043 | 2 |
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