Section 30ZA(4)

For the purposes of this regulation, a credit institution is to be treated as identifying an insolvent bank customer that is a body corporate if the credit institution— obtains the information listed in regulation 28(3)(a); and where the insolvent bank customer is not a company which is listed on a regulated market— takes reasonable measures to determine the information listed in regulation 28(3)(b); and identifies the beneficial owner where the customer is beneficially owned by another person.

← 3 · All articles · 5 →

Source: legislation.gov.uk · retrieved 2026-09-04