Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p171
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 474333–477413

and retain the information specified in the Schedule to this Chapter; and

                       3.               each of the key personnel of the person has been subject to, and satisfied, the employee due diligence program of the person;

  (b) whether the person or any of its key personnel:

                  (i) has been charged, prosecuted and/or convicted in relation to money laundering, financing of terrorism, terrorism, people smuggling, fraud, a serious offence, an offence under the AML/CTF Act, or an offence under the FTR Act;

                  (ii) has been the subject of a civil penalty order made under the AML/CTF Act;

                  (iii) has been the subject of civil or criminal proceedings or enforcement action, in relation to the management of an entity, or commercial or professional activities, which were determined adversely to the person or any of its key personnel (including by the person or any of its key personnel consenting to an order or direction, or giving an undertaking, not to engage in unlawful or improper conduct) and which reflected adversely on the person's competence, diligence, judgement, honesty or integrity;

              and if so, the details of each instance as the case may be, for the person and each of its key personnel;

         (c) whether the person has become a subsidiary of another entity;

              (d) if the person was, when registered, a subsidiary of an entity, whether the person has become a subsidiary of a different entity;

         (e) whether the person is now controlled by an entity;

              (f) if the person was, when registered, controlled by an entity, whether the person is now controlled by a different entity;

              (g) if the person is a company – the deregistration of the company by the Australian Securities and Investments Commission;

              (h) if the person is a trust:

              (i) information that the trust has been dissolved; or

                  (ii) any change to the registration details of the current trustees, including any change in the number of trustees;

              (i) if the person is a partnership:

                  (i) information that the partnership has been dissolved; or

                  (ii) any change to the registration details of the current partners, including any change in the number of partners;

              (j) if the person is an individual – information that the individual is deceased;

              (k) if the person is an unincorporated association – information that the association has ceased to exist;

              (l) if the person is an incorporated association – information that the association has ceased to exist;

              (m) if the person is a registered co-operative – information that the co-operative has ceased to exist;

              (n) information that two or more persons whose names and registration details as currently on the Remittance Sector Register have merged or amalgamated, and the merged or amalgamated entity has commenced, or has